MANILA, Philippines (Update 1, 11:23 a.m.) — The prices of key goods and services hit their quickest pace of growth in over a decade in October, forcing Filipinos to continue tightening their spending and giving the Bangko Sentral ng Pilipinas more reason to stay hawkish. Inflation, as measured by the consumer price index, accelerated to […]
Read MoreHun Sen, Prime Minister of the Kingdom of Cambodia, has urged all ACMECS and CLMV nations to strengthen their cooperation for tourism development in the present and future, particularly in the post-COVID-19 crisis. In his recorded welcome message for the opening ceremony of the 5th Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) Tourism Ministers Meeting and […]
Read MoreThe Tourism Authority of Thailand (TAT) is hoping to welcome at least 1 million tourists from the US next year after securing partnerships with Delta Air Lines and Korean Air to bring travellers from 17 gateway cities across the country. As Thailand does not have a flag carrier that can offer direct flights from the US, […]
Read MoreKUALA LUMPUR: Malaysia’s terms of trade showed positive growth in September 2022, rising 1.0 per cent month-on-month (m-o-m) to 113.0 points, and 6.8 per cent year-on-year (y-o-y) from 105.9 points in September 2021, said the Department of Statistics Malaysia (DOSM). In its External Trade Indices, September 2022 report, DOSM said this was contributed by the rises […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas is raising key policy rates by a huge 75 basis points (bps), matching the aggressive hike delivered by the US Federal Reserve, as a preemptive move to prevent the peso from depreciating further before the scheduled rate-setting meeting of the BSP two weeks from now. In a […]
Read MoreVietnam plans to grow 24,000 hectares of ginseng by 2030 and become the world’s largest ginseng producer by 2045. This is part of the Ministry of Agriculture and Rural Development’s (MARD) ginseng development program to 2030. Vietnam has a diverse and abundant source of natural medicinal plants with 5,000 species, including ginseng species with many […]
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