The State Bank of Vietnam decided to widen the USD/VND spot exchange rate band from +/-3 percent to +/-5 percent effective from October 17 continued to put pressure on the Vietnam dong to depreciate and the US dollar to appreciate. The State Bank of Vietnam (SBV) officially decided to widen the USD/VND spot exchange rate […]
Read MoreMANILA, Philippines — The Philippines sank deeper into a dollar deficit in September as foreign currency fluctuations sent the national government’s debt payments into steep territory. What’s new The country’s balance of payments (BOP) amounted to a deficit of $2.3 billion in September, wider compared with the $412 million deficit a year ago, the Bangko […]
Read MoreAs part of the process to strengthen and widen the base of the economy as the country has entered the fourth quarter of 2022, the Government of Cambodia is seeking to tick all the right boxes, and it includes tourism, textiles exports as well as fresh investments in different sectors. The Kingdom has urged South […]
Read MoreThe new phase of the domestic tourism subsidy programme is being drafted with an additional 3-4 million hotel rooms, double the number in the fourth phase, which is scheduled to end this month, as the government aims to push GDP growth to 3.3% this year. Tourism Authority of Thailand (TAT) governor Yuthasak Supasorn said the upcoming […]
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Thailand
