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Japan firms expect further streamlined investment procedures in Vietnam

The Hanoitimes – The issue was raised at a conference held between Vietnamese government agencies and major Japanese enterprises in Vietnam to address their issues. Japanese enterprises suggested the Vietnamese government further simplify investment procedures, specifically the process of obtaining investment, construction and hazardous waste treatment licenses, to facilitate investment from Japan. The issue was raised […]

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ADB pledges to double funds for Indonesia, pushes for green recovery

The Asian Development Bank (ADB) has pledged to double loan commitments to one of its biggest client countries this year to facilitate Indonesia’s economic recovery. The Manila-based lender usually committed US$1 billion to $2 billion each year for Indonesia, mostly in infrastructure projects, particularly those related to energy, said ADB country director Winfried F. Wicklein on Wednesday. […]

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Philippine ayes US$3.4bil stimulus package

MANILA: A joint Philippine congressional committee has approved a stimulus package worth up to 165 billion pesos (US$3.39bil) to aid the economy’s recovery from the novel coronavirus pandemic. The package is worth 140 billion pesos, with an additional 25 billion pesos in standby appropriations, Senator Sonny Angara told reporters. It includes funds for coronavirus isolation […]

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Thailand: Minister commits to repairing economy

Energy Minister Supattanapong Panmeechaow vows to revive the economy using energy projects, with the Energy for All scheme at the top of the list for quick remedies. Critics want the government to delay Energy for All because of the huge surplus of the country’s power generation capacity in reserve, but Mr Supattanapong said yesterday that […]

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Thailand: Trade fairs eyed to lift rural spirits

Commerce Minister Jurin Laksanawisit vows to play a key part in developing local economies through online shopping and interprovincial trade fairs to boost incomes. Speaking at the 100th anniversary of the Commerce Ministry, Mr Jurin said yesterday that the ministry needs a big adjustment to cope with the ongoing crisis. “Provincial commerce officers must function […]

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