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Vietnam: Container train service from Danang to Europe suspended

A container train service linking Danang City of Vietnam and Europe has been suspended due to concerns over the Russia-Ukraine military conflict, according to the Vietnam Railway Corporation (VNR).  As planned earlier, the train service was supposed to be launched early this month. The train consists of 23 40-foot containers, transporting IKEA-branded furniture to Europe, […]

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Thailand: Call for surcharge on domestic flights

The Airlines Association of Thailand (AAT) is urging the government to let them add a fuel surcharge onto tickets for domestic flights, as the Russia-Ukraine conflict continues to push up oil prices. As oil prices surged by 40-50% from last year, airlines want to add the fuel surcharge onto domestic tickets to reduce the impact […]

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Thailand: MSME lending slips to P463.13 billion in 2021

MANILA, Philippines — Loans extended by Philippine banks to micro, small, and medium enterprises (MSMEs) slipped by 3.6 percent to P463.13 billion in 2021 from P480.5 billion in 2020, as the sector has yet to fully recover from the impact of the pandemic, according to the Bangko Sentral ng Pilipinas (BSP). The industry’s total loan […]

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Cambodia: Kingdom remains on FATF’s grey list

Cambodia remains on the grey list of nations under increased monitoring by the Financial Action Task Force (FATF), a Paris-based global watchdog, for deficiencies in their efforts to counter money laundering, terrorist financing, and proliferation financing. FATF expressed significant concern that Cambodia failed to complete its action plan, which fully expired in January 2021. It […]

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