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Thailand: BCP expects to see 10% oil sales drop

Mostly state-owned energy firm Bangchak Corporation Plc (BCP) estimates its oil sales will decrease by 10% this year because of air travel restrictions, work-from-home measures and business shutdowns over the past three months. The decrease is a result of oil sale declines of 6% in March and 20% between April and May, with the trend […]

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Philippines gets surprise credit upgrade

MANILA, Philippines — The Philippines achieved a credit rating of A after Tokyo-based Japan Credit Rating Agency (JCR) upgraded the country’s credit rating to A- from BBB+ to reflect the resilience of the economy amid the coronavirus disease 2019 or COVID-19 pandemic. Bangko Sentral ng Pilipinas Governor Benjamin Diokno said the upgrade and stable credit […]

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Vietnam ready to implement EVFTA, EVIPA

The Hanoitimes – The soon implementation of both the EVFTA and EVIPA would create new driving forces for further cooperation between Vietnam and the EU. Vietnam is ready to implement both the EU – Vietnam Free Trade Agreement (EVFTA) and the EU – Vietnam Investment Protection Agreement (EVIPA), according to Le Thi Thu Hang, spokesperson of […]

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