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Philippines raises $2.75 billion from global bonds

MANILA, Philippines — The Philippines successfully raised $2.75 billion from its dual-tranche offering of dollar-denominated bonds, securing the lowest coupon rate ever achieved by the government in the debt market, top government officials said yesterday. In a text message, National Treasurer Rosalia de Leon said the government sold $1.25 billion worth of 10.5-year bonds and […]

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Thailand: Arkhom calls for tax reforms

Thailand needs to reform tax structures to boost income and prepare for new challenges in the future, Finance Minister Arkhom Termpittayapaisith told the Forbes Forum 2020. Speaking as a keynote speaker at “Forbes Thailand: Thailand’s Mega Trends Forum 2020”, which explored the mega-trends and their impact, Mr Arkhom said there are five current global trends […]

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M&A renewables on upward trajectory in Vietnam

Mergers and acquisitions in renewable energy in Vietnam are on an upward trajectory and expected to become even hotter next year, with the country officially overtaking Thailand to rank as the largest solar market in Southeast Asia. With more than 6,314MW installed as of the end of August, the market is expected to add 7,000MW […]

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Cambodia, S. Korea FTA much closer

A senior official of the Ministry of Commerce (MoC) said negotiations towards a free trade agreement (FTA) between Cambodia and South Korea saw agreement on 90 percent of the issues addressed as the fourth round of talks concluded last month. MoC spokesman Seang Thay said: “Both countries have agreed on issues including economic cooperation, trade […]

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