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Cambodia wins eco-tour expo title

Cambodia has been named as “The Most Wonderful Eco-Tour” destination by the International Travel Expo Hong Kong 2017 and a leading Hong Kong-based magazine. A Tourism Ministry delegation was among groups from 55 major tourism destination countries and 650 tour operators at the expo from Thursday to Sunday. “During the event, Cambodia was honoured by […]

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Myanmar: Ministry, UMFCCI join calls for import substitution as import rises

The import volume has increased by US$600 million, compared to the same period from the previous fiscal year, according to 2017-18 trade statistics up till May from the Ministry of Commerce (MOC). Total trade volume from April 1, 2017 to June 2, 2017 is $5.07 billion – an export of $1.9 billion and import of $3.11 billion. When compared to last year’s performance, export increased by about $100 million while Myanmar imported […]

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Philippines: Ecozone investments seen tripling this year

MANILA, Philippines –  The Philippine Economic Zone Authority (PEZA) expects approved investments this year to at least triple to P654.54 billion due to heightened foreign investor interest in the country, its top official said yesterday.  With bullish investor sentiment, PEZA director general Charito Plaza said investment approvals by the agency may even quadruple to P872.72 […]

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Malaysia’s CPI up 3.9%

PETALING JAYA: Malaysia’s consumer price index (CPI) measuring headline inflation rose a lower than expected 3.9% in May compared to a year ago as fuel prices fell. Economists had expected a 4.1% rise in the CPI, which includes volatile food and fuel prices. Core inflation, which excludes food and fuel, rose 2.6%. The CPI rose […]

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Thailand: Loan shark debt down B20 billion

Debts owed to loan sharks by registrants in the government’s subsidy and welfare scheme for poverty have declined by 20 billion baht this year, thanks to the government’s efforts to tackle the problem, says the head of the Fiscal Policy Office (FPO). Krisada Chinavicharana, director-general of the FPO, said the 14.1 million people who registered […]

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