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Singapore maps out goals for its Asean chairmanship

SINGAPORE will pursue tangible results for Asean in the areas of digital economy and facilitating trade when it takes over chairmanship of the regional bloc next year. It wants to harmonise regional trade rules that govern e-commerce, and also work on specific measures to facilitate exports. These plans were cited on Thursday by Trade Minister […]

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Cambodia: Ground broken for oil refinery

After years of delays and setbacks, the Cambodian firm set to operate the Kingdom’s landmark oil refinery finally broke ground yesterday on a $1.62 billion project with an updated completion date set for the middle of 2019. The oil refinery, which will be built on 365 hectares across Kampot and Sihanoukville provinces, was first expected […]

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Laos: Govt borrows more money to address deficit

The government needs 2,420 billion kip to respond to budget expenditure that occurred in the first quarter of this year (January to March), a government leader has said. Of this figure, 957.7 billion kip is owed from the budget deficit in Q1 and the rest constitutes the government’s obligations in paying off loans and bonds. […]

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Vietnam to enjoy stable economic growth at 6.4%

This is one of the forecasts to emerge from the “ASEAN+3 Regional Economic Outlook”, the first annual report produced by the ASEAN+3 Macro-economic Research Office (AMRO), released on May 4. According to the report, the economic growth of the ten ASEAN countries along with China, Japan and the Republic of Korea (ASEAN+3) is expected reach […]

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Exports of Thai food to hold strong

Thailand’s food exports are unlikely to see many negative effects from US President Donald Trump’s protectionist trade policies, according to the International Trade Promotion Department. Malee Choklumlerd, the department’s director-general, said yesterday after a workshop on food and crop shipment prospects that the ministry was still confident in its 5% growth target for 2017, up […]

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Brunei: Dialogue Session on Tax Amendment

The Amendment of import tax rate and excise duties which has been enforced since the 1st of April was further explained last night during a Dialogue session. The session was attended by 50 individuals from government agencies and local entrepreneurs. The dialogue session provided an opportunity for the business community to raise questions and share […]

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