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China urges Myanmar to boost economic ties, Daw Aung San Suu Kyi agrees

Chinese President Xi Jinping urged Myanmar’s State Counsellor Daw Aung San Suu Kyi to further strengthen and expand economic cooperation between their two countries. President Xi Jinping said their two countries should nurture new growth points, which includes the construction of China-Myanmar economic corridor with the purpose of advancing bilateral relations. Daw Aung San Suu Kyi […]

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Philippines: Gov’t to put up ecozones in Marawi

MANILA, Philippines —  The government plans to establish community-based economic zones within war-torn Marawi City to create jobs and livelihood for returning residents and ultimately help the city’s economy to recover, according to the Department of Finance (DOF). During a recent meeting with top officials of the Sumitomo Mitsui Banking Corp. (SMBC), Finance Secretary Carlos […]

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Deepening connectivity within Asean

Asean has been celebrating its 50th birthday this year amid rising protectionist sentiment, which provides a challenging global context. Consequently, there has been much debate and reflection recently on the impact of globalisation and the fate of regional blocs. As the world becomes more connected through business, travel and technology, we have also become more […]

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Vietnam: Many conditional business sectors proposed to remove

The Hanoitimes – The Ministry of Planning and Investment has proposed to remove 21 conditional business sectors including rice export, logistics and debt trading service. According to the ministry, the sectors should be removed from the list of conditional business lines as they do not meet requirements of Clause 1, Article 7 of the Investment Law. It means that […]

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IFC Supports Business-Enabling Infrastructure, Promoting Investment, Creating Jobs in Laos

(KPL) IFC, a member of the World Bank Group, is lending US$ 2 million to Aanandi Lao Co. Ltd, a property development company, for the construction of one of the first of its kind, international best practice, multi-story serviced apartment building in Vientiane Capital. The project will support the development of much-needed business-enabling infrastructure in the Lao PDR, drawing […]

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Brunei-Indonesia have huge potential for bilateral trade, says outgoing ambassador

BRUNEI Darussalam and Indonesia have an excellent relationship which has grown stronger over the years, in terms of political, economical and socio-cultural cooperation, said Nurul Qomar, the outgoing Ambassador of the Republic of Indonesia to Brunei Darussalam, in an interview yesterday at the Brunei International Airport, prior to her departure from the country. “Over the last three years, there […]

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