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Thailand: Four candidates submit governor applications

There are four candidates to replace outgoing governor Veerathai Santiprabhob as the Bank of Thailand’s 24th chief, says Rangsan Sriworasart, the selection committee chairman. Two are insiders at the central bank and two are outsiders, Mr Rangsan said without revealing any names. The committee will announce the applicants’ names tomorrow after the application period closed […]

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Cambodia: Phnom Penh construction investment hits $1.3 billion

Construction investment projects in Phnom Penh were recorded at more than $1.3 billion from January to May, officials said yesterday. Speaking at a news conference, Phnom Penh municipal Department of Land Management, Urban Planning, Construction and Cadastre Director Sarin Vanna  said while many sectors globally are facing a serious downturn in their fortunes because of […]

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Philippines: Ecozone investments drop 32% in 5 months

MANILA, Philippines — Investments approved by the Philippine Economic Zone Authority (PEZA) declined 32 percent in the January to May period from a year ago due to the outbreak of the coronavirus disease 2019 or COVID-19. Data presented by PEZA director general Charito Plaza in an online press briefing yesterday showed the agency approved P29.54 […]

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Thailand: TCT queries tourism stimulus deal

The Tourism Council of Thailand (TCT) is crying foul over the 22.4-billion-baht tourism stimulus package, saying it will mostly benefit big hotel operators and leave behind the small and medium-sized businesses that account for 75% of the sector. The cabinet on Tuesday approved a domestic tourism package to boost the hospitality sector, including a subsidy […]

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