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Thailand: Tourism goal raises eyebrows

The Tourism and Sports Ministry is aiming high for 100 million domestic trips within this year, while the private sector plays down this target, saying it will be difficult to meet. “This new domestic target is reachable because local travel is likely to resume first, particularly for government meetings and incentives, which the cabinet has […]

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Thailand: 17 new digital channels sequenced for education

The National Broadcasting and Telecommunications Commission’s (NBTC) board approved on Wednesday the sequencing of 17 new digital TV channels for education run by the Education Ministry, comprising channels No.37-53. These channels are projected to begin broadcasting on a temporary basis from July 1. Airing will end in six months. They are to serve as alternatives […]

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BNM: Malaysia has limited deflation risk in 2020

KUALA LUMPUR, May 13 — Bank Negara Malaysia said the risk of Malaysia falling into deflation is limited despite the expectation of headline inflation to turn negative this year. Governor Datuk Nor Shamsiah Mohd Yunus said for deflation to happen, the country would have to experience a prolonged and broad-based decline in prices, coupled with […]

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Vietnam’s car imports plunge 36.2% in 4 months

The Hanoitimes – The majority of imported cars in Vietnam in April came from Thailand and Indonesia. Vietnam imported 31,586 cars in the first four months of 2020 worth US$688 million, down 36.2% year-on-year in volume and 38.57% in value, the General Department of Vietnam Customs (GDVC) said in a release. Upon breaking down, the country […]

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Philippines: Government economic team sees deeper GDP slump

MANILA, Philippines — The inter-agency Development Budget Coordination Committee (DBCC) has further lowered its gross domestic product (GDP) projection this year as the economy continues to suffer from the impact of the coronavirus disease 2019 or COVID-19 pandemic. In a statement, DBCC said the Philippine economy is expected to shrink by a range of two […]

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