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Thailand: Group makes plans for tourism future

The Federation of Thai Tourism Associations (Fetta) is hoping its revival will allow for a more flexible workflow and agenda-based development, after seven tourism associations recently quit the Tourism Council of Thailand (TCT) and joined Fetta. Adith Chairattananon, Fetta representative and honorary secretary-general of the Association of Thai Travel Agents (Atta), said the federation will drive policies […]

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Myanmar’s Military Intervention Sparks Fear of Third Forex Rate

Myanmar’s military government has been cracking down on the unofficial foreign exchange market to prevent further depreciation of Myanmar Kyat (MMK). But amidst all interventions, observers worry that a third, parallel market exchange rate may emerge. After the vicious coup d’état by Myanmar’s military in 2021, the junta government decided to set a fixed exchange […]

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Thailand: Baht at 7-month low on political uncertainty

The Thai baht weakened to a seven-month low on Wednesday as political uncertainty dampened investor appetite, while most other emerging Asian currencies also depreciated against a firmer dollar after resilient US data eased recession concerns. Equities in the region were largely in the red, with shares in Seoul taking the biggest hit, declining 0.8%, while those […]

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