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Laos Opens First Industrial Explosives Factory

The first industrial explosives factory in Laos was officially opened on Monday and is expected to begin producing explosives soon. According to a report by Lao Phattana News, the site is the first industrial explosives factory to be built in Laos, aimed at producing safe civil explosives. Deputy Director of the General Technical Department, Ministry of National […]

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Philippines: Banks tighten lending standards

MANILA, Philippines — Banks continued to impose tighter overall credit standards for real estate loans amid less favorable economic conditions and deterioration in borrowers’ profile due to the impact of the pandemic. Dennis Lapid, deputy director of the Department of Economic Research at the Bangko Sentral ng Pilipinas (BSP), said the results of the fourth […]

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Thailand: DES chief seeks nod for B100 mobile aid

Digital Economy and Society (DES) Minister Buddhipongse Punnakanta says he will seek cabinet approval for 100-baht monthly assistance for two months for mobile subscribers of both prepaid and postpaid systems. The first batch of assistance could help 5 million mobile users who can sign up for the scheme on a registration platform, according to his […]

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A new green frontier for businesses

Despite the impact of the global pandemic, businesses have adjusted and are seeing new opportunities in the shifting landscape. E-commerce activities have soared and so has the popularity of doorstep food deliveries and click-and-collect groceries. Regardless of the industry, logistics is now key to keeping the world connected through commerce.  Asia’s economy is set to […]

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Vietnam: Over 200 traders licensed to export rice

The Ministry of Industry and Trade’s Import and Export Department has released a list of 205 local traders nationwide who were certified as eligible to export rice as of January 18. According to the list, the Mekong Delta city of Can Tho recorded the highest number of licensed rice exporters at 43. HCMC ranked second […]

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