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Cambodia pins hope on more Singapore investment

Cambodia urged more investment from Singapore businesspeople, pointing out the advantages of its newly introduced investment law. More sectors are eligible for incentives under the new investment law, Sok Chenda Sophea, Minister attached to the Prime Minister and Secretary-General of the Council for the Development of Cambodia (CDC) said while delivering his keynote address at […]

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Thailand: FPO maintains 2022 growth forecast at 3.5%

The Fiscal Policy Office (FPO) has kept its forecast for economic growth this year at an average of 3.5%, underpinned by a recovery in both the tourism sector and domestic consumption, according to the office’s director-general Pornchai Thiraveja. The office reviews the GDP forecast every three months. The state agency has also revised upward its […]

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Thailand: The e-commerce advantage

The Covid-19 pandemic had a profound impact on businesses of all sizes, but micro, small and medium enterprises (MSMEs) that took advantage of e-commerce opportunities generally fared better than their peers that did not, a new study by Alibaba.com has found. The global e-commerce platform and its AliResearch Institute set out to look at how […]

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Vietnam: Gov’t instructs further tax cut on petrol products in July

The move aims to stabilize market prices of strategic commodities, contributing to containing inflation and supporting the monetary policy in the short- and medium-term. The Government has suggested the Minister of Finance (MoF) consider further tariff and tax cuts related to petroleum products, especially those that would result in increased operational costs for businesses and people. […]

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