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Thailand: Study trims growth to 3% if crude averages $150

Thai economic growth may fall to 3% this year if the Dubai crude oil price averages US$150 per barrel, according to a joint study by the government’s planning unit, the Bank of Thailand and the Fiscal Policy Office. According to Danucha Pichayanan, secretary-general of the National Economic and Social Development Council (NESDC), in the worst-case […]

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Vietnam takes steps towards carbon credit market

Vietnam’s carbon market is expected to thrive in the near future, given that the country has large forest reserves and many corporations stand ready to pour billions of US dollar to purchase forest carbon credits from Vietnam. It was estimated that Vietnam will be able to sell 57 million carbon credits to international organisations annually. […]

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