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Thailand tries to get Efta pact in place

Thailand has kick-started efforts to forge a free trade agreement (FTA) with the European Free Trade Association (Efta), a regional trade bloc consisting of Iceland, Liechtenstein, Norway and Switzerland. Auramon Supthaweethum, director-general of the Trade Negotiations Department, said on Wednesday after a seminar dubbed “Efta New Market in New Normal”, the department hired the Institute of […]

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Brunei: Special pass for frequent cross border travellers

A special Frequent Commuters Pass (FCP) arrangement has been introduced for frequent commuters crossing the border, said Minister at the Prime Minister’s Office and Minister of Finance and Economy II Dato Seri Setia Dr Awang Haji Mohd Amin Liew bin Abdullah. “There are those who travel frequently across the border, such as workers who commute […]

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Singapore central bank seen keeping monetary policy

SINGAPORE: Singapore’s central bank will likely keep policy settings steady in October on hopes the economy will recover as the financial hub further loosens coronavirus curbs and on expectations fiscal policy will be the main driver of a rebound, a Reuters poll showed. The Monetary Authority of Singapore (MAS) will keep its monetary policy settings […]

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Thailand: BJC cuts back on investment into 2023

In keeping with projections that the economy will take about three years to fully recover, Berli Jucker (BJC) has lowered its retail investment for the next three years. Aswin Chareonvikul, chief executive of the SET-listed consumer goods maker and operator of Big C hypermarkets, said yearly spending for Big C Supercenter will be cut to […]

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