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Thailand set to be ‘key logistics hub’

Thailand has the potential to become a key logistics hub in the Greater Mekong Subregion (GMS) through its Eastern Economic Corridor (EEC), a forum was told. “When we work together to fulfill the potential of the EEC, Thailand and the GMS can become a powerhouse across the world,” said Narongchai Akrasanee, steering committee chairman of […]

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Philippines: NEDA sticks to 6.5% GDP growth target

MANILA, Philippines — The government is maintaining its economic growth target at 6.5 percent for 2021 despite renewed mobility restrictions amid surging COVID-19 cases. During a meeting with President Duterte Wednesday night, acting Socioeconomic Planning Secretary Karl Chua expressed optimism that the economy would slowly recover this year following a slump in 2020. “Our projection […]

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Thailand: February exports see 2.59% year-on-year contraction

Overall Thai exports in February contracted by 2.59% to US$20.2 billion year-on-year, attributed to a drop in industrial products and gold shipments, but officials believe the country will enjoy a gradual recovery starting next month. “The February figures were satisfactory,” said Phusit Ratanakul Sereroengrit, director-general of the Trade Policy and Strategy Office, adding the value […]

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Cyber-criminals target Vietnam finance-banking SMEs

Cybersecurity companies predict that the rise of cyberattacks will continue in 2021 in Vietnam. Vietnam’s small and medium enterprises (SMEs) in the industry of finance-banking, especially those providing e-wallet services, are still the subject of cybercriminals, according to tech experts. Second in the list of favorite subjects of cyber crimes are SMEs providing internet-based services […]

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Thailand: Tourism firms want jab quota

Eight tourism-related associations are calling for a concrete vaccination plan and a commitment to expedite the reopening process on July 1 for a quick economic recovery. The tourism organisations submitted the requests to the Tourism and Sports Ministry to allocate Covid-19 vaccines for at least 70% of residents in Phuket or Koh Samui from April […]

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