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Laos to Increase Fuel Prices Amid Global Disruption

Authorities are to increase fuel prices yet again tomorrow as the conflict in Ukraine pushes prices upward. The price of fuels will be increased across the country tomorrow morning, according to the Ministry of Industry and Commerce. Tomorrow’s adjustment will be the fifth fuel price increase in Laos this year. Premium petrol will be increased […]

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Cambodian garments, footwear and travel goods strategic plan to entice investors

Cambodia’s strategic plan on garment, footwear and travel goods development 2021-2024 will attract more investment and contribute to sustainable development in the sector, Ith Samheng, minister for labour and vocational training, told Okhna Kong Sang, president of Garment Manufacturers Association in Cambodia (GMAC) in Phnom Penh. The plan also includes measures and strategic framework in […]

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Some economists increase Singapore inflation forecasts as Russia-Ukraine conflict escalates

SINGAPORE, March 10 — Some economists in Singapore are raising their 2022 inflation forecasts as the Russian invasion of Ukraine adds further pressure to already hard-pressed global supply chains and energy prices. Two out of five private-sector economists approached by TODAY have increased their forecasts in the past month. This is in line with findings of the […]

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Philippines: BSP plans pilot digital currency

THE Bangko Sentral ng Pilipinas (BSP) plans to launch a pilot central bank digital currency (CBDC) in the near future, its head said. “As next step, the BSP targets to roll out in the near term, a pilot CBDC implementation which we call Project CBDCPh,” Bangko Sentral Governor Benjamin Diokno was quoted as saying in […]

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Vietnam: Foreign, domestic tourists should be treated equally: think tanks

Some advisory bodies have pointed out the medical rules discouraging foreign tourists from coming to Vietnam, stressing that foreign and domestic travellers should receive the same treatment. In their letter sent to the Prime Minister, the National Private Economic Development Research Board under the PM’s Advisory Council for Administrative Procedure Reform and the Tourism Advisory […]

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