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Why is wind energy more cost-competitive in Vietnam?

The Hanoitimes – Local supporting policies together with global advanced technologies will help drive down input cost for wind power projects. Vietnam has huge wind power potential and the government has outlined a roadmap to tap potential of this kind of renewable energy. Vietnam has become, in the eyes of investors, a destination for wind power […]

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US looks for Thai 5G entry point

The US Commerce Department is exploring business opportunities and cooperation to promote US-based tech firms to expand investment in Thailand’s telecom sector, especially for 5G wireless broadband tech adoption.  Supot Tiarawut, secretary and director of the Telecommunication Association of Thailand (TCT), said a US Commerce Department official and his team asked the TCT to provide updates on […]

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Indonesia: Ministry cancels plan to prohibit discounts on online ‘ojek’ services

The Transportation Ministry said it would not prohibit online ojek (motorcycle taxi) service providers from giving tariff discounts, canceling its earlier statement that it wanted to stop discounts to avoid “predatory pricing”. On Thursday, Minister Budi Karya Sumadi said the ministry itself would not be the one that initiated such prohibition. “If some stakeholder requested it, we […]

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Cambodia: Construction stays strong

Cambodia’s construction sector remained strong during the first four months of this year following a nearly 20 per cent drop last year, according to Ministry of Land Management, Urban Planning and Construction figures. According to the data, in the first four months of this year the Kingdom’s construction investment capital amounted to $2.742 billion, an […]

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Philippines: Top bank execs forecast robust earnings growth

MANILA, Philippines — Top bank executives are maintaining a double-digit growth in the industry’s profits, assets, deposits and loans this year, results of the Banking Sector Outlook Survey (BSOS) of the Bangko Sentral ng Pilipinas (BSP) showed. About 70.2 percent of the respondents, which include presidents and CEOs, expect the Philippine banking system to remain […]

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More protection for Malaysian consumers

PETALING JAYA: In order to ensure that consumers are protected and treated fairly, Bank Negara is working with a number of ministries to make the Consumer Credit Act law soon. Governor Datuk Nor Shamsiah Mohd Yunus said the central bank has been working with a number of ministries, namely, the Domestic Trade and Consumer Affairs […]

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