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Laos’ tourism rebounds strongly

The tourism sector in Laos has experienced a rebound following the COVID-19 pandemic and is steadily growing after most countries lifted travel bans and Laos also opened its borders to tourists. Vientiane (VNA) – The tourism sector in Laos has experienced a rebound following the COVID-19 pandemic and is steadily growing after most countries lifted travel bans and Laos also […]

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Malaysia attracts RM264.6bil approved investments in 2022, 2nd largest ever recorded: Tengku Zafrul

KUALA LUMPUR: Malaysia’s approved investments amounted to RM264.6 billion in 2022, with the services sector accounting for the largest share of the pie, followed by the manufacturing and primary sectors. The services sector saw approved investments totalling RM154 billion or 58.2 per cent of the total approved investments for the year. Meanwhile, approved investments in […]

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Asean’s natural gas demand to double by 2050

The demand for natural gas, a key fuel in the energy transition period to achieve carbon neutrality, will more than double in the Asean region to 350 billion cubic metres by 2050, according to a recent workshop, organised jointly by Economic Research Institute for ASEAN and East Asia (ERIA) and Gas Exporting Country Forum (GECF) […]

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Philippine debt balloons to P13.7 trillion in January

MANILA, Philippines — The country’s outstanding debt jumped to its highest level of P13.7 trillion in January, largely due to the government’s global bond issuance, with further increases expected amid high interest rates globally. Data from the Bureau of the Treasury showed that the national debt settled at P13.7 trillion as of end-January, rising by […]

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Thailand: People hurry to snap up hotel rooms

People rushed to book hotels during the first day of the latest phase of the hotel subsidy programme, with 112,876 room nights reserved out of 560,000 available under the scheme within six hours. Tourism Authority of Thailand governor Yuthasak Supasorn said the value of transactions during the first six hours of availability on Tuesday reached 443 […]

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Cambodia: PAS Q4 revenue down 12% at 77.01B riels

State-owned Sihanoukville Autonomous Port (PAS) announced that its total revenue for the fourth quarter decreased 12.16 percent to 77.01 billion riels when compared with revenue of 87.67 billion riels for the same quarter in 2021. The public listed company said it posted a loss of 14 billion riels for the quarter as against a profit […]

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