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Philippines: Vehicle sales tumble 7% in February

MANILA, Philippines — Sales of the country’s vehicle assemblers dipped by seven percent in February, but the industry expects to see recovery with the further reopening of the economy. A joint report by the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and Truck Manufacturers Association (TMA) released yesterday showed total vehicle sales reached […]

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Online Thai store launched in Taiwan

The Commerce Ministry is scheduled to open a new online outlet called TOPTHAI Store on Taiwanese e-commerce platform PChome Store on March 29 to tap Taiwanese buyers, focusing initially on fashion and bio-, circular and green (BCG) products. Home decoration items, fashion items, food products and dried fruit are popular Thai products among Taiwanese online […]

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Laos and China Sign New Electricity Agreement

China Southern Power Grid (CSG) signed an electricity agreement with Electricite du Laos (EDL) on Wednesday in a move to set up a shared electricity market in the region. China’s Embassy in Laos reported on Thursday that the agreement would help Laos to improve its electricity supply and improve the living standard of local residents […]

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Thailand: Baht expected to have bumpy ride on Friday

The baht opened at 33.15 to the US dollar on Friday, weakening slightly from Thursday’s close of 33.13. Krungthai Bank market strategist Poon Panichpibool predicted the Thai currency would move between 33.00 and 33.25 during the day. Poon said the baht has a chance of weakening but it will slow down and swing sideways in […]

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