very many containers in shanghai sea port
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Optimistic outlook for Brunei economy

After the setback to growth last year due to the outbreak of the Delta variant of COVID-19, economic activities in Brunei Darussalam are gradually picking up, particularly in the non-oil and gas (O&G) sector. High vaccination rates have allowed containment measures and border restrictions to be lifted, enabling fuller economic re-opening. Higher global energy prices […]

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Vietnam: FTAs a silver lining for economic growth

HANOI: New-generation free trade agreements (FTAs) continue to be a silver lining in Vietnam’s trade growth targeting US$1 trillion (RM4.33 trillion) in import-export revenue by 2025. The country’s trade surpassed the milestone of US$700bil (RM3 trillion) in value to hit US$735bil (RM3.19 trillion) in 2022, a rise of 9.5% against the same period of the […]

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Bank of Laos Shuts Down 113 Currency Exchange Businesses

The Bank of the Lao PDR (BOL) issued a notice on Friday instructing 113 exchange businesses affiliated with commercial banks to suspend their operations. The notice states that the BOL has revoked the business licenses of the 113 exchange businesses that are associated with six commercial banks in the country. It also instructed the banks to discontinue their contracts […]

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