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Myanmar: Govt explores possibility of cement plant in Chin

The Ministry of Natural Resources and Environmental Conservation (MNREC) is inviting expressions of interest (EOI) from foreign and local investors to conduct detailed feasibility studies and measurement of limestone deposits before considering the setting up of a cement plant in Chin State. The proposed site for the project, covering some 4300 hectares, is located in […]

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Indonesia: Riau Boosts Tourism Promotion to Attract Foreign Tourists

TEMPO.CO, Jakarta – The Riau Islands Tourism Office carried out a massive promotion to attract foreign tourists. The Head of the Riau Islands Tourism Office, Buralimar, said that the national tourism branding ‘Wonderful Indonesia’ had been a success. “Now, it’s our time carry out massive promotion abroad, especially in China, India, and Korea,” he said. Buralimar said that his province […]

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Philippines: Factory gate prices continue to ease

MANILA, Philippines — Factory gate prices continue to ease in September as producer prices in nine commodity groups contracted, the Philippine Statistics Authority (PSA) said. The PSA said the Producer Price Index (PPI) for manufacturing contracted at a slower rate of 0.2 percent in September from the revised 0.8 percent decline in August and 0.5 percent contraction in September […]

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Economist: Asean to remain steady during next recession

Thailand and Asean should be particularly resilient during the next recession because of integration and strong fiscal policy, says Yuwa Hedrick-Wong, global economist at Mastercard.  “Thailand is extremely well-positioned for integration across Asean. The country is clearly poised to become a regional hub in terms of services,” he said.  Despite potential economic turmoil caused by […]

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Thailand: NBTC takes charge for PromptPay expansion, security

The National Broadcasting and Telecommunications Commission (NBTC), in collaboration with the Bank of Thailand, 20 financial institutions and six mobile operators, are driving for data connectivity to tighten security of PromptPay, the national e-payment system.  The collaboration also aims to make money transfers more convenient by reducing the time banks need to verify users’ identities via […]

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