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Greater efforts urged to remove bottlenecks in Vietnam’s FDI attraction

The Hanoitimes – Nobufumi Miura, chairman of the Japan Business Association in Vietnam, claimed that cumbersome administrative procedures have hindered enterprises from increasing their investment. Though Vietnam has made significant progress in creating a more business-friendly environment, experts have urged the government to further strive for removing impediments in legal regulations and administrative procedures that are […]

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Asian banks to sign EEC project MoU

The Eastern Economic Corridor (EEC) Office is scheduled to sign a memorandum of understanding (MoU) next week with the China Development Bank (CDB) and the Japan Bank for International Cooperation (JBIC) for financial support of investment projects.  Nathporn Chatusripitak, spokesman for Deputy Prime Minister Somkid Jatusripitak, said the cabinet on Tuesday approved the draft MoU that is […]

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Thai companies eye food business opportunities in Laos

VIENTIANE (Vientiane Times/ANN) – The Thai companies PTT (Lao) Co., Ltd. and Zixgar Group Ltd. are looking at food business opportunities in Laos with a focus on travellers and office workers as their main customers. This sector is particularly appealing after the explosion in the number of coffee cafés, according to a government official. A Memorandum […]

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Thailand: Condo developers diversify into recurring income

The recent restrictive measures from the Bank of Thailand have continued to cast a shadow over Bangkok’s condominium market since the beginning of this year. Condominium sales have dropped, putting pressure on developer’s financial targets.  Some developers have sought to diversify their risk in pure residential development projects for sale by seeking to develop alternative sources […]

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Malaysian, global markets on edge on trade worries

PETALING JAYA: Global markets, including Bursa Malaysia, were on edge, following the steep overnight fall of US markets. The escalating trade war between the US and China caused the US markets to perform badly, with the Dow Jones falling 2.38% to 25,324.99 after China retaliated and said it would raise tariffs to as high as […]

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