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Thailand: EEC backs rail link to 3 airports

The Eastern Economic Corridor (EEC) Committee led by Prime Minister Prayut Chan-o-cha has approved a high-speed railway project connecting Don Mueang, Suvarnabhumi and U-Tapao airports to draw investors to its flagship policy. The 220-kilometre project, estimated to cost 200 billion baht, is now just one step away from a cabinet decision, unless further adjustments to […]

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Japanese firms seize opportunities from Resolution 4.0 in Vietnam

The Hanoitimes – Japanese firms are capitalizing on new technologies in the forth industrial resolution to enlarge their investment in Vietnam. According to the Japanese External Trade Organization (JETRO), Japanese firms have boosted up their investment and share purchase in Vietnam’s high-tech agriculture and manufacturing firms to utilize their technological strength. Toshihiko Watanabe, executive director of […]

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Singapore service sector takings up 8.6% in Q4

SINGAPORE – The service sector ended last year on a strong note, with overall takings up by 8.6 per cent for the last quarter of 2017 over the same period a year earlier. All services industries performed better in the fourth quarter 2017, with the information & communications services industry reporting the largest jump of […]

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Indonesia: Govt to Issue PPnBM Regulation on Electric Cars

TEMPO.CO, Jakarta – The Minister of Industry Airlangga Hartarto said the finalization regulation of the Sales Tax on Luxury Goods or PPnBM on electric cars will soon be issued. The decreasing PPnBM which is being studied are the zero percent and the import duty of five percent. Airlangga said it was intended to encourage the development of the national […]

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Thailand: KTB shuts down crypto trade accounts

Krungthai Bank has become the second financial institution after the Bangkok Bank to terminate transactions involving cryptocurrencies trading with Thai Digital Asset Exchange (TDAX), following a Finance Ministry order. As chairman of Krungthai Bank, Somchai Sujjapongse, permanent secretary of the Finance Ministry, ordered the state-owned financial institution on Monday to halt any transactions related to […]

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