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Asean-HK trade pact agreed

HONG KONG: Hong Kong and the 10-member Association of Southeast Asian Nations announced on Saturday that they had concluded negotiations for a free trade agreement and related investment pact. Asean and mainland China have had a free trade agreement in effect since 2010. “Asean is a very important trading partner of Hong Kong. It was […]

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Thai Summit awaits EEC clarity

Thai Summit Harness Plc, a subsidiary of auto parts maker Thai Summit Group, is still awaiting clearer details about the Eastern Economic Corridor (EEC) before expanding in the region, particularly with regard to electric vehicles (EVs), says executive vice-president Saroge Vasuvanich. He said the company plans an increase in efficiency of projects and R&D to […]

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Cambodia, Thailand reach tax deal

Cambodia and Thailand yesterday agreed to seek more strategies to boost bilateral trade, cross border development and investment to achieve the target of $15 billion in trade exchange between the two Asean neighbours by 2020. Both countries also reached an agreement on double tax avoidance and preventing the declaration of fraudulent income to avoid tax […]

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China ups its game in Myanmar’s SEZ race

CHINESE investors have expressed an interest in investing and developing the area across Yangon River and to construct an international airport, a port and housing projects, according to a local Chinese business association. The proposed locality and projects overlap with the prospective South Korea-led special economic zone. Members of the Yangon-headquartered Myanmar Chinese Chamber of […]

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