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Thailand: PTT has big ambitions for EECI project

PTT Plc is set to launch its Eastern Economic Corridor of Innovation (EECI) project in Rayong with the ambitious goal to raise the research and development centre to technology readiness level soon. The SET-listed national oil and gas conglomerate is developing the EECI in Rayong province’s Wang Chan Valley. The government plans for the EECI […]

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Lower economic growth rate in Laos sparks worry

A lower economic growth rate has sparked concerns that Laos may not meet the average targeted rate of 7.2 per cent as part of the country’s five-year economic development plan for 2016-2020. Economic growth in Laos has reached only 6.7 per cent over the past four years, which is lower than the target approved by […]

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Indonesia: Tax cut supports sales of luxury houses

Fiscal incentives in the form of a tax cut introduced by the government resulted in a slight increase in sales of luxury homes and apartments in June and early July, according to property marketing firm Lamudi. Lamudi recorded that sales of homes with prices starting from Rp 10 billion (US$710,985), such as those in South […]

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Queue app makes beeline for Malaysia

THAI-BASED queuing system company QueQ is expanding its footprint to Malaysia following its recent US$2.8mil (RM11.6mil) Series A funding from True Incube and Bon Angels Venture Partner of South Korea. The startup helps eliminate the hassle of queuing for businesses and consumers by introducing a seamless virtual queuing system. As businesses become more aware of […]

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