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Brunei: Central bank warns against crypto-scams

The Brunei Darussalam Central Bank (BDCB) reminded the public to exercise extreme caution prior to dealing with cryptocurrencies and related products, in a statement yesterday. The public is also urged to fully understand the risks associated with cryptocurrencies, and to be wary of rampant cryptocurrency fraud and scams promising high returns on investments often advertised […]

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A New Station Added to Laos-China Railway Freight Operations

All seven freight stations by Laos-China Railway are now operational after the official opening of the final freight station in Xay District, Oudomxay Province on Tuesday. The seven stations that provide freight services include Vientiane South Railway, Phonhong, Vang Vieng, Luang Prabang, Nateuy, and Xay. This route will enable quicker and smoother transportation of goods […]

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Thailand: TAT predicts 18m foreign arrivals in 2023

Tourism leaders are projecting 18 million foreign arrivals in 2023 while holding out little hope the Chinese market will return anytime soon, says the Tourism Authority of Thailand (TAT). “Under the base case scenario, Thailand should have 18 million foreign tourists, of which 72% or around 13 million would come from short-haul markets, contributing 598 billion […]

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Philippines ready to face challenges – BSP

MANILA, Philippines — The affirmation of the Philippines’ investment grade rating by Fitch Ratings reflects a credible economic policy framework, strong economic growth and sound external finances, according to economic managers. Bangko Sentral ng Pilipinas Governor Felipe Medalla said the BSP “consistently signals to the market its unwavering commitment to use the tools at its […]

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