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Thailand: Government adamant on growth target of 4% this year

The government has pledged to revitalise tourism, stimulate domestic spending, and spur exports and investment to help economic growth reach its 4% target this year. Deputy Prime Minister Supattanapong Punmeechaow said the government still maintains an economic growth target of 4% this year although various economic forecasting agencies have downgraded their outlook to only 2.7-3% […]

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Laos: New Electricity Rates Set This Month

Authorities have set new electricity rates for households, organizations, and businesses this month throughout the country. According to a notice issued by the Ministry of Energy and Mines (MOEM), Lao Authorities have decided to increase electricity prices for households and small businesses by 2 percent, effective this month. Notice on Electricity Rate Increase, March 2021 The total […]

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Vietnamese rush to buy cars as prices fall

Though the automobile market has become big enough for manufacturers to step up domestic production, industry policies remain unencouraging. With 300,000 cars sold in 2020, Vietnam has surpassed the Philippines to become the fourth largest automobile market in the region, according to AAF (ASEAN Automotive Federation). Thailand led the region with 792,146 cars sold in […]

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