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Thailand: BJC keen on CLMV production partners

SET-listed Berli Jucker Plc, owner of Big C Supercenter Plc, says it is open to partnerships with other suppliers to make products for markets in Cambodia, Laos, Myanmar and Vietnam (CLMV). Aswin Techajareonvikul, BJC’s chief executive, said the company will put efforts into strengthening its manufacturing business by partnering with other producers to meed demand […]

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Cambodia: Productivity cuts into growth

Cambodia’s GDP growth fell below the 7 percent mark for the first time since 2011 last year, signalling a need for the government to address the country’s low productivity and insufficient public infrastructure spending, according to a World Bank report released yesterday. Economic growth projections for 2016 fell to 6.9 percent, slightly lower than the […]

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Vietnam: PM vows to create level playing field for firms

HA NOI — The Government has pledged to take stronger measures to create a level playing field for businesses and to improve the competitiveness of local enterprises. Prime Minister Nguyen Xuan Phuc made the commitment after hearing recommendations from entrepreneurs and associations at a conference in Ha Noi yesterday. The conference themed “Siding with Business”, […]

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Thailand: Chamber to add value

The Thai Chamber of Commerce has vowed to upgrade 50,000 entrepreneurs to make them more innovative and add value to their business in line with the Thailand 4.0 initiative. The chamber also aims to raise revenue in the business sector by 20-30 billion baht over the next two years and increase GDP growth by 0.2 […]

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Cambodia: Steady FDI helps keep economy on course

Total foreign direct investment receipts have remained consistent over the past five years, according to a new government report that incorporates central bank data. FDI inflows have ranged from $1.5 billion to $2 billion a year between 2012 and 2015, according to the biannual Macroeconomic Outlook issued by the Ministry of Economy and Finance. Meanwhile, […]

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