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Thailand: Race to end restrictions

After plaguing Thailand for two years with physical and economic ailments, the Covid-19 pandemic is expected to be downgraded to an endemic from July 1, marking a significant step towards full economic recovery. Businesses, notably entrepreneurs in the tourism and service sectors, welcome the state plan to redefine the scope of the disease, but more […]

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Myanmar to re-open to international tourists

YANGON (CNA) – Myanmar will resume international passenger flights from April 17, the military said yesterday, lifting a two-year ban on foreign tourists. The Southeast Asian nation closed its borders to visitors in March 2020 at the beginning of the coronavirus pandemic in an attempt to prevent rising infections. Myanmar was further isolated after a […]

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Cambodia mobile payments surge in 2021

Covid-19 pandemic, together with a rise in FinTechs and Internet usage, has driven sharp growth in mobile payments in Cambodia, the central bank’s senior official and company representatives said. Chea Serey, Deputy Governor and Technical Director General of the National Bank of Cambodia, said the country recorded a total of 707.57 million online payment transactions […]

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Thailand: NESDC warns rapidly ageing society likely to hit economy

The increase in elderly among the Thai population and declining birth rate are expected to hinder the country’s future economic expansion, according to a new study by the government’s planning unit. Jinanggoon Rojananan, deputy secretary-general of the National Economic and Social Development Council (NESDC), said its study, which uses the National Transfer Account (NTA) as […]

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