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Chinese Firms Sign USD 184m Deals to Buy Goods from Laos

Chinese firms have signed contracts worth 1.3 billion yuan (around 184 million dollars) for the purchase of goods from Laos, mainly agricultural products. The agreements were signed as the 2019 Sino-Laos Investment Fair concluded Friday in Kunming, the capital of the southwestern province of Yunnan, China. On the same day, a seminar was held at the Kunming International Convention and Exhibition Center to introduce the advantages of the investment environment in Laos. Investment […]

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Philippines, South Korea FTA conclusion seen next year

MANILA, Philippines — The Philippines and South Korea, which aimed to sign a free trade agreement (FTA) this month, are looking to conclude talks next year, with negotiations on a deadlock. With the leaders of the two states set to meet this week for the Association of Southeast Asian Nations (ASEAN) – Republic of Korea Commemorative Summit, […]

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Singapore businesses see Myanmar as ‘potential gold mine’

Myanmar is a “potential gold mine” and the “last frontier for” investors despite its low ranking in ease of doing business, said a Singaporean investor at a business to business matchmaking event in early November. MyanmarBizConnect Group, a local business matchmaking group, the Singapore’s Association of Small and Medium Enterprises (ASME) and Malaysia’s RHB Bank […]

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Thailand: State allots B70bn to stabilise paddy prices

The government has set aside 70 billion baht to shore up paddy prices, as the annual harvest is scheduled to flood the market this month. Whichai Phochanakij, director-general of the Internal Trade Department, said the latest meeting of the subcommittee handling national rice policy and management chaired by Commerce Minister Jurin Laksanawisit last week approved […]

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Analysts less negative about Singapore’s July-Sept earnings

DESPITE blue-chip counter Singtel posting its unprecedented quarterly loss, analysts were less negative about the general financial performance of Singapore-listed companies for the recent quarter. As at Nov 14, a total of 443 companies listed in Singapore had released their financial results for the July-September quarter. The number of corporates that performed poorer and those […]

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