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Thailand: Smartphone sales set to struggle in 2022

Thailand’s smartphone market is expected to experience flat growth or even decline this year due to the economic slump and a weaker baht, but flagship 5G smartphones, loans and trade-in programmes could help prop up the segment, according to IT product distributors. “A sluggish economy, rising inflation and a weaker baht are taking a toll on demand […]

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An insight into Vietnam’s indebtedness

National debt, or foreign debt, when reaching an excessive level, often leads to an economic crisis. Given debt crises in multiple countries, especially poor ones, it is worthwhile to look into Vietnam’s debt which comes with four types: foreign debt, public debt, debt owed by non-financial companies, and debt by households. Public debt excludes debt […]

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Philippines: Ecozone investments fall by 30% in 1st half

MANILA, Philippines —  Investments approved by the Philippine Economic Zone Authority (PEZA) declined by nearly 30 percent in the first half of the year to P22.49 billion, the agency reported Friday. PEZA officer-in-charge (OIC) Tereso Panga said the investments came from 90 new and expansion projects. Panga, the agency’s deputy director general for policy and […]

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Cambodia: RCEP, FTA boosts growth in manufacturing sector

The Regional Cooperation Economic Partnership (RCEP) and the Free Trade Agreement with China have increased manufacturing factories in Cambodia. Cambodia has a total of 1,947 factories with a registered investment value of $15.7 billion as of June this year, the Ministry of Industry, Science, Technology, and Innovation’s report said on Thursday. The manufacturing factories produced […]

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