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May, 31, 2016

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The implementation of the ASEAN Economic Community (AEC) at the end of 2015 will provide huge opportunities for construction companies operating in the region to strengthen their foothold in Southeast Asia.
 
The Asian Development Bank has imposed sanctions on 30 people and 31 firms for "integrity violations," following a 2013 fraud investigation into US$1 billion worth of projects it funded, the lender said.
 
Reforms slow in Bangladesh's toxic tanneries
Standing knee deep in toxic chemicals, Mokter Hossain loads animal hides into huge drums filled with still more dangerous liquids at a tannery in the Bangladesh capital.
 
Nepal Telecom (NT) has moved a step ahead in its quest to hitch up with a strategic partner, with its board approving plans to hire a consultant to write the bid documents.
 
China has fallen off the top of a list of Japan Inc.'s favored investment destinations for the first time in more than two decades because of higher labor costs and bilateral tensions, a survey said.
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A new report from the Department of Economic Planning and Development (JPKE) has revealed that Bruneian households are gaining more spending power with the average monthly income jumping 20 percent between 2005 and 2010/2011.
 
Oman is keen to establish air connectivity with Brunei to increase business activities between the two countries, said the outgoing ambassador of Oman to Brunei.
 
The Lao government expects to accept new mining investment proposals in 2015 after suspending the new investment projects few years ago to review the approved mining projects and policy.
 
Auctioneer shows off 118-carat diamond to be auctioned in HK
A New York auction house is showing off what it calls the world's greatest white diamond on the block -- a 118-carat stone from Africa the size of a small egg.
 
Asia's manufacturing sector weakened in July, private surveys showed Thursday, with China's showing a deepening contraction amid nagging worries over the growth outlook for the world's second-largest economy.
 
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