Cambodia needs more direct flights to and from destinations around the world to increase the country’s share of regional tourism, according to the State Secretariat for Civil Aviation. Sin Chansereyvutha, spokesman for the secretariat, said foreign tourists have already started travelling directly to Cambodia rather than transiting through Thailand or Vietnam, thanks to increased air […]
Read MoreHCM CITY — Online retail is expected to continue increasing, as domestic and foreign retail companies are planning to invest heavily in this field. A study conducted by Nielsen, a market research and global information company, showed that Vietnam is one of the world’s most dynamic countries in hi-tech application and use, including online shopping. […]
Read MoreTHAILAND is preparing to sign a tripartite electricity-trading agreement with two neighbouring countries at the upcoming Asean Ministers of Energy Meeting. Energy Ministry permanent secretary Areepong Bhoocha-Oom said the agreement would pave the way for the Laos-Thailand-Malaysia electricity deal, enabling the Asean Power Grid to materialise. “The agreement will be for the sale and purchase […]
Read MoreMANILA, Philippines – The country’s balance of payments (BOP) position reverted back to a deficit in May amid the continued outflow of funds and strong imports, the Bangko Sentral ng Pilipinas (BSP) reported yesterday. BSP Deputy Governor Diwa Guinigundo said the Philippines booked a BOP deficit of $59 million in May, reversing the $241 million […]
Read MoreKUALA LUMPUR: Malaysian palm oil futures rose to their highest in two weeks on Monday in a fourth consecutive session of gains, tracking other edible oils and on forecasts of lower end-stocks in Indonesia. The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange gained 0.2 percent to 2,488 ringgit ($581.85) a tonne at the close […]
Read MoreThe Agricultural Bank of China in Yunnan province recently froze more than 100 accounts of Myanmar citizens, a trader in Muse, Shan State, who was one of those affected, has told The Myanmar Times. The bank took the action on June 14 and 15 against Myanmar accounts that were being used to transfer payments between Chinese […]
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