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Thailand: Tourism sector seen growing by 4% in 2019

BERLIN: The global travel industry is likely to expand by 4% in 2019 despite slowing economic growth in key areas such China and Europe, but a no-deal Brexit could wipe out 700,000 travel-related jobs, a top industry association said on Tuesday.  The travel and tourism sector grew 3.9% to $8.8 trillion in 2018, accounting for 10.5% […]

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Consumers upbeat over Indonesia’s economy

JAKARTA, March 6 (Xinhua) — Consumers in Indonesia stoked confidence on the country’s economy as the consumer confident index was relatively stable in February, a survey of the central bank showed here on Wednesday. Consumer confidence index of the Indonesian central bank, Bank Indonesia, touched 125.1 in February compared with 125.5 in January. It came […]

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Indonesia: Bank Negara may lower key interest rate in July

PETALING JAYA: The country’s key interest rate could be cut in the next four months, considering Bank Negara’s more cautious tone on the Malaysian economy recently, says AmBank Research. The research firm said in a note it expected the central bank’s Monetary Policy Committee (MPC) to slash the benchmark overnight policy rate (OPR) by 25 […]

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