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SCG trims investment outlays as trade war dampens mood

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 Insights

25-Oct-18 Siam Cement Group has reduced its investment budget amid the trade war between China and the US, CEO Roongrote Rangsiyopash said. He also acknowledged the potential for increased exports of chemicals, building materials and packaging to both countries. [image: The Nation]

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Alipay will be available in Seoul taxis

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23-Oct-18 Following a strategic partnership between Ant Financial's Alipay and Korean payment system integrator Kakaopay, all taxis in Seoul will accept Alipay from Jan-19. The service will take payment from Chinese visitors via Alipay and locals via Kakaopay. [image: Alipay / Payment Week]

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South Korea expands its investment destinations

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 Insights

18-Oct-18 South Korean capital is leaking out of China, flooding into the US and pouring into South and Southeast Asia. Investments include the world’s largest mobile phone factory, a USD716 mn spend by Samsung Electronics in India. [image: Export-Import Bank of Korea]

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Hong Kong's outlook for the clothing market optimistic

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16-Oct-18 Clothing and fashion industry professionals are optimistic about sales over the next year, according to a Hong Kong Trade Development Council survey. Over 60% of sellers see China, ASEAN, Japan and Taiwan having the greatest potential. [image: HKTDC Survey]

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