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A Boom of New Lao Businesses

Vientiane Times reports that the in the first six months of last year, 6,675 businesses signed up to carry out commercial activities, with registered capital amounting to over 63.64 trillion Lao kip. Retail and wholesale outlets, as well as vehicle and motorcycle repair businesses, accounted for most of the new business registrations in the first six months […]

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Singapore: Transition to green economy must be orderly to keep inflation in check, job market stable: MAS chief

SINGAPORE – Decarbonising the global economy will induce inflation and trigger a major reset of the labour market, said Mr Ravi Menon, managing director of the Monetary Authority of Singapore (MAS). However, an orderly transition to a greener economy may help keep both inflationary pressures and the disruption in labour markets manageable, he said in […]

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Cambodia: No port congestion after Port EDI system launched

Japan-financed Port Electronic Data Interchange (Port EDI) system made a soft launch to put an end to paper-based procedures for private sector’s vessels entrance into and exit out of Sihanoukville Autonomous Port (PAS) and Phnom Penh Autonomous Port (PPAP) to improve effectiveness, efficiency, transparency and cost-saving. The soft launch of Port EDI held at the […]

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Inflation Suppressed by Energy Subsidy, Bank Indonesia Governor Says

TEMPO.CO, Jakarta – Bank Indonesia Governor Perry Warjiyo on Thursday said that global inflationary pressures on domestic inflation are able to be restrained as the government allocated energy subsidies. “The pressure can be contained in line with the government’s policy to increase energy subsidies,” said Perry at the opening of the national coordination meeting on inflation control at […]

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