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Singapore best in Asia for quality of living

Singapore remains first among cities in Asia for quality of living, with its infrastructure securing top spot worldwide, according to the human resources consulting firm Mercer. But great disparities in the quality of living still persist on the continent as indicated by the vast disparity in rankings between cities in developed and developing countries, the […]

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New local airline launches in Cambodia

PHNOM PENH – JC International Airlines officially launched in Cambodia on Saturday, bringing the number of local airlines operating in the kingdom to five. JC International Airlines CEO Dongyan Huang said the airline was registered as a local company with an investment capital of US$50 million.  She said the airline has two Airbus 320 aircraft […]

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Indonesia plans to sue PTTEP over 2009 oil spill

JAKARTA – Indonesia is preparing to sue a unit of Thailand’s PTT Exploration and Production (PTTEP) for environmental damage from the Montara oil spill in 2009, the country’s Coordinating Maritime Affairs Ministry said. The move follows earlier attempts at negotiation that stalled in 2012, and a separate class action suit filed by a group of […]

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Indonesia, Philippine stocks fall on profit-taking

Indonesian and Philippine shares fell on Monday as investors chose to book profit after recent gains, while Malaysia hit its highest in nearly 22 months on the back of gains in telecom stocks. The Jakarta Composite Index closed 0.1% lower following last week’s record-setting spree with consumer and energy stocks leading the decline. “I think […]

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Indonesia plans to file WTO complaint over EU biodiesel duties

JAKARTA: Indonesia plans to file a World Trade Organization complaint this month against European Union anti-dumping duties on biodiesel exports from the Southeast Asian country, trade officials said on Sunday. Indonesia said in a statement the EU duties on biodiesel were inconsistent with the WTO’s Anti-Dumping Agreement and disputed the calculations that they were based […]

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