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Laos: Thanaleng Dry Port cuts transport, shipping costs, developer confirms

The Thanaleng Dry Port offers much cheaper logistics and transport services, its developer has informed local freight forwarder and logistics service providers. Business executives and representatives of dozens of companies providing transport, logistics and import-export services on Friday visited the dry port in Vientiane to learn about the opportunities offered. Businesses representatives visit the control […]

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Cambodia moves two notches up on power index

The Kingdom of Cambodia has emerged as the 20th-ranked power in the region, improving by two places from last year, according to the fifth edition of the Asia Power Index 2023. The position in the index, which measures a country’s resources and influence to rank the relative power of states, reflects the standing of Cambodia […]

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Vietnam urged to ensure exports to Asian, African markets in 2023

These challenges included a world economic recession, competition among major big economies, trade protectionism, inflation and rising interest rates, MoIT’s Director of the Asia-Africa Market Department said. HÀ NỘI — Vietnamese exporters need to ensure their capacity and maintain existing export markets, typically Asian and African outlets, amid many challenges in 2023, a senior trade official has said.  These challenges included a world economic recession, […]

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Nomura hikes Philippine GDP growth target

MANILA, Philippines — Japanese investment bank Nomura expects a shallower economic growth dip for the Philippines this year, raising its gross domestic product (GDP) growth forecast to 5.5 percent from the original target of 4.3 percent. Nomura chief ASEAN economist Euben Paracuelles and analyst Rangga Cipta cited the better-than-expected GDP growth of 7.2 percent in […]

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Thailand: Officials mull new power tariff rate

Energy officials may keep the power tariff, which determines electricity bills, unchanged or trim the rate at its next adjustment as gas prices have become less aggressive. The new rate will be enforced between May and August. Early this week, prices of liquefied natural gas (LNG) in the spot market fell to UScopy5-16 per metric […]

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