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Thailand: Mukdahan envisions border bonanza

Thailand plans to promote the northeastern city of Mukdahan to be a trading and logistics centre of Asean, expecting to pour investment into infrastructure in the province to help increase annual border trade to 200 billion baht by 2019. Mukdahan governor Sorasit Ritsorakai said the area is in a perfect location to make use of […]

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Asean office issues rosy outlook for Thai growth

The Asean+3 Macroeconomic Research Office (Amro) is upbeat that the Thai economy will remain on solid footing, and policymakers stand ready to adopt both fiscal and monetary policies to support the economy if needed. Thailand’s growth potential is also sound, said Hoe Ee Khor, chief economist at Amro. The office forecasts the Thai economy will […]

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Myanmar: Supporting SMEs, manufacturing locally and operating in underdeveloped areas criteria for FDI approval, official says

A top official from the Ministry of Commerce told an audience of foreign investors and businesses that foreign investments should be able to support SMEs, manufacture products in Myanmar and operate in underdeveloped areas. Those are the criteria upon which the government will approve or reject foreign investment proposals. The government will scrutinise every foreign […]

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