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Thailand: Working-age population decreasing: NESDB

The working-age population will witness a downward trend, from 43.2 million to 36.5 million, with the rate of newborns at -0.2 per cent, the National Economic and Social Development Board (NESDB) said. The NESDB forecasts that the Thai population will increase from 66.5 million to 67.2 million by 2028, but will then decrease by 0.2 […]

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Thailand: Baht’s moves dodge US watch list

Thailand again managed to avoid placement on the US watch list for currency manipulation, while the Bank of Thailand affirmed that steps have been taken to curb the baht’s gain with an almost US$80-billion increase in foreign reserves over the past five years. According to the US Treasury Department’s report to Congress on “Macroeconomic and […]

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Philippines – Think tank: Limit on rice imports more damaging to local farmers

MANILA, Philippines — President Duterte’s latest pronouncement to limit rice imports during harvest season is actually more disastrous to local farmers, according to a think tank. Research and advocacy group Action for Economic Reforms (AER) said the policy pronouncement of curbing rice imports would erode the gains from the Rice Tariffication Law. Duterte earlier said […]

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Cambodia: Public bidding for mining licences starts

The Ministry of Mines and Energy announced public bidding for mine exploration, calling on local and foreign companies to apply. The move is made as the first commercial gold mine extraction is scheduled this year. In the announcement dated Jan 10, the ministry said that the mine exploration concessional area covers cumulatively 1,390 square kilometres […]

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