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Thailand: Bids invited for Tak economic zone lease

The Treasury Department plans to call for bids to develop a special economic zone on its land in Tak province, in line with the government’s development policy, says director-general Prapas Kong-Ied. Mr Prapas said the bidding is expected to take place in May. The plot occupies 1,076 rai in Mae Sot district. The department set […]

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Cambodia: Fuel rates hiked to 5,300 riel

The retail prices of regular-grade petrol and diesel were respectively hiked by 10.4 per cent and 17.8 per cent on March 16, extending an uptrend that has held since January, and delivering a fresh blow to end consumers that jeopardises the livelihoods of low-income workers desperately trying to recover from the economic pains of Covid-19. […]

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US investors pour more funds into Vietnam

Investment capital from the US is expected to flow more strongly into the fields of digital economy, green energy, and healthcare. At the Vietnam – US Business Summit 2022 last week, many American experts and the US business community affirmed that they attach special importance to the Vietnamese market. Marisa Lago, US Deputy Secretary of […]

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Thailand: Nightspots hail end to Covid restrictions

Night entertainment operators have welcomed the news that the Centre for Covid-19 Situation Administration (CCSA) will consider allowing them to resume business activities. According to a source at Government House, an unlocking of night entertainment venues may be listed for a meeting of the CCSA’s operation centre today, before the matter goes to the CCSA’s […]

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Thailand: The commodity price challenge

Credit buffers built up in Asia Pacific countries to withstand risks such as high commodity prices are generally strong, but have been eroded during the Covid-19 pandemic. The impact of energy-market turmoil following the Russian invasion of Ukraine differs significantly for each sovereign debt issuer, but on the whole it is likely to be a […]

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