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Thailand: EEC panel gives nod for digital push

The steering committee of the EEC Development Policy last week acknowledged the proposal of the Digital Economy and Society Ministry to develop the digital and communications infrastructure on the Eastern Economic Corridor with a budget of more than Bt17.913 billion. The committee meeting was chaired by Prime Minister Prayut Chan-o-cha. Kanit Sangsubhan, secretary-general of the […]

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Worries about trade, rates continue to pummel Asian markets

SINGAPORE shares opened sharply lower for a third straight session on Monday following Friday’s bond selloff on Wall Street and Sunday’s decision by the People’s Bank of China to loosen monetary policy for a fourth time this year. At 10.45am, Singapore’s Straits Times Index was down 0.7 per cent, or 21.64 points,  at 3,188.15. The Shanghai Composite […]

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Vietnam to open up telecom market for foreign investors

The Hanoitimes – Vietnam’s commitments to increase foreign equity caps in the telecommunications sectors under the EU-Vietnam Free Trade Agreement (EVFTA) will ease European investors to enter the country’s industry. Under the EVFTA, which is expected to take effect next year, in the telecom sector, Vietnam will raise the foreign equity cap in non-facilities based virtual […]

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Thailand: 4 EEC projects approved for infrastructure

The Eastern Economic Corridor (EEC) Policy Committee on Wednesday approved four infrastructure projects worth a combined 432.85 billion baht, with terms of reference (ToRs) scheduled to be launched within this month.  The four projects are the U-tapao aviation city (worth 290 billion baht); a maintenance, repair and overhaul (MRO) centre (10.59 billion); the third phase of […]

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