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Philippines: BSP keeps rates steady

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) yesterday kept its monetary policy unchanged, as expected, despite the growing upward pressure on inflation as well as the challenging global economic environment. BSP officer-in-charge Nestor Espenilla Jr. said the central bank’s Monetary Board had decided to maintain policy rates at 3.5 percent for the overnight […]

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Malaysia: Outlook of medical tourism expected to be positive

KUALA LUMPUR: The outlook of Malaysia’s medical tourism industry is expected to be positive in the long term with the burgeoning demand for healthcare services, both domestic and international, coming from especially an increasingly affluent and ageing population, due to reasonable pricing. Malaysian Industrial Development Finance (MIDF) Research Equity Analyst, Athila Razali, said most treatments, […]

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Thai-Cambodian border trade up in January

SA KAEO – Border trade between Thailand and Cambodia through the eastern province rose by 12.71% month-on-month in January, with a 3.34% decline in Thai exports to the neighbouring country and an 89.48% increase in imports. The value of trade through the Aranyaprathet checkpoint amounted to 6.45 billion baht, increasing by 727 million baht or […]

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Indonesia: Bali’s Gianyar Attracts 524,647 Tourists

TEMPO.CO, Jakarta – Gianyar District Tourism Office noted that Tirta Empul Temple was visited by 524,647 tourists in 2016, an increase compared to 2015 with 450,120 tourist visits. “Of all tourist destinations operated by Gianyar District Government, Tirta Empul is still the most popular among both domestic and foreign tourists,” said Anak Agung Ari Brahmanta, […]

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