vn02
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Vietnam has no intention to manipulate currency

The Hanoitimes – A devaluation of the Vietnamese dong will disrupt and cause severe consequences to the local economy, said an expert. Vietnam has no intention of manipulating the currency. The most important issue for the Vietnamese government is to stabilize the macro-economic condition and build trust among people, investors and businesses. “A devaluation of the […]

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Philippines: Record low interest rates stay

BSP winds down easing cycle MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) decided yesterday to keep its interest rates steady on the back of improved mobility and sentiment that could facilitate the recovery of the economy from the pandemic-induced recession. In a virtual press conference, BSP Governor Benjamin Diokno said the Monetary Board […]

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th02
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Thailand: New tax to promote EVs on the cards

The government and car companies are scheduled to meet next month to discuss a proposal to impose a higher excise tax on oil-powered vehicles as part of efforts to promote electric vehicles (EVs) and reduce air pollution. The tax hike was suggested because the current excise tax structure for cars is due to end in […]

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laos01
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Laos needs more agro-tourism

Laos needs to develop more agricultural areas as education sites for tourists aims to increase interest in its tourism industry, tourism experts stated. This was also following Deputy Minister of Agriculture and Forestry’s Mr Linkham Duangsavanh, visiting recently to promote quality coffee production of the Bolaven Plateau coffee producers’ cooperatives in Champassak province. The Deputy […]

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