phil01
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Tech giant to make Philippines its Southeast Asia hub

MANILA, Philippines — Global tech parts giant Cal-Comp Technology (Philippines) Inc. is spending the proceeds of its planned P6.77 billion initial public offering to expand its operations, acquire new equipment, and focus on research and development as it grooms the country as its next hub in Southeast Asia. New Kinpo Group chief executive officer Simon […]

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Thailand: Central bank steps in to slow baht slide

The Bank of Thailand has moved to curb the baht’s rapid retreat against the greenback as the local currency hit a nine-month low. The central bank has sporadically taken action against the currency’s weakness by selling the US dollar to smooth out the baht’s movement after it depreciated at a faster pace, lowering foreign reserves, said […]

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Asean should relook policies in transformative digital economy

KUALA LUMPUR: Asean needs to relook at its various policy initiatives, including trade and investment policies, in response to the transformative digital economy, said CIMB Asean Research Institute. It also said addressing the challenges in digital and telecommunications infrastructure investment was fundamentally crucial in helping micro, small and medium sized enterprises of Asean to integrate […]

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