Tourism operators are hopeful a government can be formed by Pheu Thai as the party has a track record of governing, with the sector eager for state measures to continue effective tourism policies and eliminate ongoing obstacles. Sisdivachr Cheewarattanaporn, president of the Association of Thai Travel Agents (Atta), said a Pheu Thai coalition government could be […]
Read MoreThe Belt and Road Initiative, the most ambitious and expansive infrastructure connectivity and development project ever conceived, was proposed a decade ago. The initiative connects about 150 countries in Asia, Europe, Africa and Latin America through a network of infrastructure investments, trade agreements and cultural exchanges. Cambodia is among the countries that have seen the […]
Read MoreMANILA, Philippines — The country’s manufacturing industry expanded at a slower pace in June because of production declines from the food and metal industries. The Philippine Statistics Authority (PSA), in a report, said that the volume of production index (VoPI) for the manufacturing industry grew by 3.4 percent in June. When compared, the VoPI grew […]
Read MoreKUALA LUMPUR: Services sector revenue registered a 6.9 per cent growth year-on-year (y-o-y) in the second quarter of 2023 (2Q 2023) to record a total of RM568.3 billion, the Department of Statistics Malaysia (DOSM) reported. Chief statistician Malaysia Datuk Seri Dr Mohd Uzir Mahidin said the services sector’s performance in the 2Q was driven by […]
Read MoreThailand plans to promote the use of yuan and other Asian currencies in trade and investments to curb wild swings in the baht against the United States dollar, according to a central bank official. The Bank of Thailand (BoT) expects greater use of regional currencies to help reduce exchange risk as they often move in tandem with […]
Read MoreHeadline inflation was weaker than expected in July, helped by lower food and energy prices, while the Commerce Ministry projected the inflation rate in the following months until the end of the year to increase by less than 1% a month. The Commerce Ministry reported on Monday that headline inflation, gauged by the consumer price index, rose […]
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