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Laos-Cambodia trade surges to US$210 million in 2022

The value of two-way trade between Laos and Cambodia reached US$210 million in 2022, up from US$160 million in 2021, according to a report in the Phnom Penh Post. “Market platform Trading Economics indicates that imports from Laos of items in the “mineral fuels, oils, distillation products” category – or Chapter 27 of the Harmonised […]

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Thailand: Baht dip aids export stocks

The rapid depreciation of the baht has helped stocks in the export sector, say analysts, warning the currency is under pressure to slide further, resulting in continued outflows from the Thai stock market. Investors are advised to monitor US economic data that could influence investment and interest rate trends. For example, US inflation in January was […]

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Philippines reaffirms commitment to international tax transparency

MANILA, Philippines — The Philippines has reaffirmed its commitment to international tax transparency standards as it intends to join the Global Forum’s Asia Initiative. By joining the initiative, Finance Secretary Benjamin Diokno said that the Philippines reaffirms its commitment to the full and effective implementation of international tax transparency of the Global Forum as well […]

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Thailand: Economic gains ease cost pressure on producers

The Commerce Ministry insists pressure on domestic manufacturers to raise product prices has declined as sales improve, the government issues stimulus measures, discount campaigns are organised nationwide by the ministry to reduce the cost of living, and a surge of foreign tourist arrivals drives economic activities. Internal Trade Department director-general Wattanasak Sur-iam said yesterday many consumer […]

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