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IE Singapore inks MOUs to help tech firms break into China

INTERNATIONAL Enterprise (IE) Singapore signed two memoranda of understanding (MOUs) with Chinese tech partners last week to help more Singapore companies gain access to the market and the innovation ecosystem in China. The MOUs detailed partnership deals with AIRMaker, an accelerator that grooms IoT (Internet of Things) startups; NTUitive, the enterprise arm of NTU; and […]

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Vietnam: HCM City industry parks need new plan

HCM City – Industrial and processing parks in HCM City have not developed to their potential due to poor infrastructure and a lack of connection among the parks, delegates said at a weekend seminar. Speaking on the 25th anniversary of the HCM City Export Processing and Industrial Zone Authority (HEPZA), Nguyen Thien Nhan, the municipal party […]

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Philippines expects more foreign investments

The Philippines is looking forward to increased foreign investments in the wake of high-level roadshows promoting opportunities in the country. “We hope to benefit from the transfers of technology that invariably tracks investment flows,” Finance Secretary Carlos Dominguez was quoted as saying by the Finance department during Tuesday’s Philippine Economic Briefing in Tokyo. A second […]

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Vietnam: Government to ease gas trading

HANOI — The Ministry of Industry and Trade (MoIT) will submit a draft decree to ease the entry of businesses into the gas trading market. The ministry on Wednesday said it has completed its assessment of the draft after collecting opinions from ministries and relevant agencies and would submit it to the Government in the next few days. This move follows […]

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Thailand: FPO seconds 3.8% GDP growth view

The country’s economy is likely to achieve the 3.8% growth forecast by the Bank of Thailand, mainly because of consistently strong export growth, says Krisada Chinavicharana, head of the Fiscal Policy Office (FPO). The Finance Ministry’s think tank will review its economic growth forecast late next month. It predicts Thailand’s GDP and exports this year […]

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Singapore August bank lending up 0.3%

[SINGAPORE] Singapore’s total bank lending in August rose 0.3 per cent from July, on the back of higher loans to financial institutions, central bank data showed on Friday. Loans and advances by domestic banking units in the city-state amounted to S$634.4 billion last month, up from S$632.6 billion in July. Bank lending in August rose […]

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