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Six services to be liberalised for Asean in 2019

Thailand looks set to open six more service businesses to Asean members next year, as the private sector urges the government to come up with more open policies to cope with digital technology.  According to Auramon Supthaweethum, director-general of the Trade Negotiations Department, Asean members have been speeding up implementing the 10th package of commitments under the […]

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Vietnam sees 11,262 new enterprises established in July

The Hanoitimes – The rise in the number of business formations demonstrates that investors are likely to have gained more confidence in the domestic business climate. As many as 11,262 new enterprises have been set up in July this year with a total registered capital of over VND122 trillion (US$5.246 billion), down 7.8% in number of […]

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Cambodia: Competition hot for capital’s cafés

When Sar Thida spent around $100,000 to set up a coffee shop in Phnom Penh early last year, she expected that the business would reach a break-even point in late 2019 because of the capital’s booming cafe market. While she declines to have her franchise name mentioned, she says the first year of operation proved […]

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Malaysia eyes curbs on imports

KUALA LUMPUR: Malaysia may consider restrictions on foreign car imports to protect the country’s “infant industry”, Prime Minister Mahathir Mohamad said on Monday.  Southeast Asia’s third-largest economy had liberalised its automotive industry over the past decade, allowing for cheaper imports but at the expense of local automaker Proton Holdings Berhad which struggled to stay afloat as […]

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