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Thailand: Govt denies tobacco deal

The government insists it never interfered with state agencies to favour Philip Morris (Thailand) Ltd (PMTL) by lobbying public prosecutors not to press a new charge against the company. On the fourth day of the no-confidence debate, the opposition raised the dispute between Thai agencies and tobacco company Philip Morris to grill the government. Saranwuth […]

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Thailand: SCB waits on new Myanmar licence

Siam Commercial Bank plans to open its first branch in Myanmar this year if the Central Bank of Myanmar (CBM) grants a bank subsidiary licence, says a SCB senior official. If approved, SCB will upgrade the existing representative office to a branch, said first executive vice-president Kamalkant Agarwal. The bank needs time to develop infrastructure […]

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EVFTA spices up German healthcare companies’ appetite for Vietnam

The Hanoitimes – Despite huge interest, German healthcare companies face challenges to access the Vietnamese market. A recent survey has revealed Vietnam is an attractive investment destination for German companies in the healthcare sector, especially when the EU-Vietnam Free Trade Agreement comes into effect in July 2020. German multinational companies and German SMEs confirmed their interests […]

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Cambodia, Thailand Plan Temporary Opening of Border Crossing

Cambodia and Thailand are planning temporary opening of a crossing along Stung Bot of Cambodia’s Banteay Meanchey province and Thailand’s Ban Nong Ian area in Sa Kaeo province. The news was shared in a meeting between H.E. Heng Rathpisidh, Cambodia’s Director General of Public Works General Department, Ministry of Public Works and Transport, and Mr. Apichart Junratasup, Deputy […]

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Vietnam’s motorbike sales second highest in ASEAN

Though motorbike sales in Vietnam ranked second in ASEAN last year, domestic demand showed a decline against regional growth. The country recorded 3.27 million units sold, second to Indonesia at 6.53 million, according to Italy-based market research firm Motorcycles Data. Vietnam’s figure was almost twice that of third-ranking Thailand with 1.73 million units sold. unitsMotorbike […]

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