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Laos surveys new expressway linking Thailand, China

Surveyors are designing a route for a new expressway in Laos that will cut travel time between northern Thailand and southern China. Liu Jingwei, an official overseeing the project, said officials were surveying the route for the expressway that will connect Huayxai in Laos’ Bokeo province and Boten, the Lao town in Luang Namtha bordering […]

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Thailand: Debt avalanche may curb consumption

Rising household debt may slow the country’s economic recovery, as people use their income to repay debt rather than spend on consumption, warns the government’s planning unit. Jinanggoon Rojananan, deputy secretary-general to the National Economic and Social Development Council (NESDC), said the latest wave of Covid-19 infections have triggered not only a surge in household […]

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Thailand: Refilling stomachs, not cars

The next job on the checklist for PTT Oil and Retail Business Plc (OR), which operates the Cafe Amazon franchise, may stun its rivals embarking on non-oil ventures. OR is moving ahead with a “Beyond Fuel” concept, making its food and beverage business as well as electric vehicle (EV) charging outlet development the priority to […]

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