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FOREIGN INVESTORS EXPECTED TO STAY IN ASEAN MARKETS

Foreign investors continued to buy Asean stocks in the first two weeks of April with the exception of Malaysian equities. Year-to-date, foreign investors have bought US$1.1 billion (Bt35 billion) net of Indonesian stocks, followed by $728 million of Philippine stocks and $161 million in Vietnam equities. On the other hand, they sold $244 million of […]

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Foreign investors dominate Vietnam’s leading firms

The Hanoitimes – Foreign players prefer this M&A as it can help them rapidly step in the Vietnamese market. With the growing participation of foreign players in Vietnam’s financial market, big international names are gradually dominating Vietnamese leading brands. After acquiring a 53.59 percent stake of Saigon Beer-Alcohol-Beverage Corporation (Sabeco), Thai Beverage Public Company Limited (ThaiBev) […]

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Seek new markets, Thai exporters told

AS THE ongoing US-China trade war continues to dampen Thailand’s exports, representatives from both the public and private sectors suggest that Thai exporters should look to new markets and find opportunities to replace Chinese goods in the US market to boost their shipments abroad. Representatives from the private sector urged Thai exporters to focus on […]

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E-payment in Vietnam predicted to surge in next 5 years

The Hanoitimes – The extent of internet penetration and the percentage of smart phones and social media users in the country is higher than the global average and countries with similar development level, said experts. In the next five years, Vietnam could process nearly 40 million e-payment transactions per year, 40 times higher than the current […]

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Thailand: Govt approves new bus fare increase

The Transport Ministry has given the green light to increasing the price of bus fares in the capital, starting from April 22.  The fare for Bangkok Mass Transit Authority (BMTA) red-cream ordinary buses will increase from 6.5 baht to 7.5 baht a trip, according to Transport Minister Arkhom Termpittayapaisith.  Passengers on the non-air conditioned buses […]

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