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RCEP forum paves way for closer economic links between Laos and regional partners

Anhui province, China: Laos will see more benefit from economic cooperation with China and Regional Comprehensive Economic Partnership (RCEP) member countries following the 2023 RCEP Local Governments and Friendship Cities Cooperation (Huangshan) Forum, held here on Friday. Cooperation will also be enhanced in industrial and supply chains to private companies, especially micro, small and medium-sized enterprises […]

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Singapore dollar seen to depreciate against yen

THE Singapore dollar might depreciate against the Japanese yen, to under 100 yen in a 12-month horizon, which could boost the relative attractiveness of Japanese stocks to Singapore investors. The prevailing spot rate is 103.5. The Singapore dollar might first breach 105 yen – a level last seen in October – in the third quarter […]

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Trade pressures on Cambodia

Cambodia’s economic policies are relatively liberal for the region, and its investment and trade regimes remain attractive. However, being a small and open economy, Cambodia is susceptible to external changes and shocks. Global trade growth slowed in the second half of 2022 and further deceleration is projected for 2023. With the global growth outlook appearing […]

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Thailand: Ministry told to explore diesel tax cut extension

Prime Minister Prayut Chan-o-cha assigned the Finance Ministry and relevant agencies on Tuesday to study the possibility of extending the excise tax cut on diesel of 5 baht per litre, which is scheduled to end on July 20 this year. According to Energy Minister Supattanapong Punmeechaow, Gen Prayut has entrusted the matter to the Finance Ministry […]

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