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Malaysia: PublicInvest retains outperform on Century Logistics with higher target price

KUALA LUMPUR: PublicInvest Research has maintained its “outperform” call on Century Logistics Holdings with a higher target price of RM1.58 as it believes the company deserved more attractive valuation. “We think the company deserves more attractive valuation, driven by the sooner-than-expected roll-out of parcel delivery business. “Hence, We peg a higher price earnings ratio (PER) of 21 times (from […]

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Myanmar: Ten prioritised sectors announced for investors

Myanmar Investment Commission (MIC) has recently extended an invitation to local and foreign investors to invest in 10 prioritised sectors. According to the MIC statement published on June 26, the investors can submit proposals and state and region governments will also provide necessary assistance. Those prioritised sectors are agriculture and its related services including value-added […]

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Cambodia tourism industry eyes more Russian visitors

The Cambodian Tourism Ministry has outlined the potential of tourism services and investment opportunities to Russia, hoping to attract tourists and investments to Cambodia. Cambodia is aiming for a bigger share of the 30 million Russian tourists around the world, while the number of Russian travellers to the country is still flat.  Speaking to Russian […]

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Quang Nam boosts cooperation with Lao localities

Quang Nam (VNA) – Chairman of the Planning, Finance and Audit Committee of the Lao National Assembly Vilayvong Budakham hoped the central province of Quang Nam will continue increasing cooperation with Lao localities. During a meeting with Secretary of the provincial Party’s Committee Nguyen Ngoc Quang in Quang Nam on June 28, the Lao official recognised […]

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