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Thailand: Govt outlines EEC environmental goals

Environmental problems along the Eastern Seaboard could worsen after the Eastern Economic Corridor (EEC) — the government’s pet industrial development project — comes online, according to Environment Minister Gen Surasak Kanjanarat. “We will get more money from the EEC, but exchanging that for unhealthy air quality and a dirty environment. Would that be okay?” he said.  […]

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Vietnam: Logistics decree underwhelms

According to Jan Segers, member of the European Chamber of Commerce in Vietnam’s (EuroCham) Transport and Logistics Sector Committee, Decree No.163/2017/ND-CP-promulgated in late 2017 and regulating conditions for logistics services-has yet to meet expectations of foreign businesses operating in the field. “At the moment, foreign investors in the logistics sector have yet to see an […]

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Alibaba doubles investment in SE Asia e-commerce firm

SHANGHAI – Chinese e-commerce giant Alibaba said Monday it will appoint one of its founders as head of Lazada and inject another $2 billion into Southeast Asia’s leading online shopping firm, boosting its regional expansion. Alibaba, which already owns 83% of Lazada with two investments totalling $2 billion as of June last year, has been […]

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Thailand: Cargill welcomes Thailand 4.0, reaffirms commitment

Addressing the Thailand Board of Investment, Cargill expressed its strong support of the Thai government’s “Thailand 4.0” economic model. Cargill also affirmed its strong commitment to continue investing in the Thai economy and contributing to the development of the country’s agriculture sector. Over the past 50 years, Cargill has invested US$1 billion to establish a […]

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Brunei leans on China to boost its economy

Brunei’s seemingly vulnerable economic position is seen by China as an opportunity. The Asian superpower looks to engage with Brunei and this rejuvenated relationship could be beneficial to both parties in the long-term. How swift Brunei reacts and takes its chances could result in the petroleum rich nation successfully diversifying its economy for a brighter […]

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Thailand: Jobless growth

Sumit Kumar, 26, has been out on the street for last two and a half months.  A resident of Sahaspur, a sprawling village outside Dehradun, the capital of Uttarakhand state in north India, Mr Kumar was laid off on Dec 12 by Aircel, an Indian mobile network operator. He had been working as a territory sales […]

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