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Thailand: Exports flag on external headwinds

Thailand’s exports remain in the doldrums, with the performance in March dropping after an unexpected increase in February.  The Commerce Ministry reported on Monday Thailand’s customs-cleared exports fell 4.88% year-on-year in March to US$21.4 billion after a 5.9% rise in February to $21.6 billion.  The uptick in February was largely due to a one-time shipment of […]

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Philippines: Inflation remains a threat — BSP

MANILA, Philippines — Inflation remains a threat as expectations remain close to the upper end of the government’s two to four percent target, according to the Bangko Sentral ng Pilipinas. BSP Deputy Governor Diwa Guinigundo said inflation averaged 3.8 percent in the first three months of the year after a steady decline for the past five months. Inflation eased to […]

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Thailand, Myanmar boost cooperation in tourism development

Bangkok (VNA) – Thailand and Myanmar have signed a cooperation deal to promote tourism routes connecting ancient cities of the two countries in preparation for a travel boom expected from the Association of Southeast Asian Nations (ASEAN). Thailand’s Designated Areas for Sustainable Tourism Administration (DASTA) recently signed a memorandum of understanding (MoU) with Myanmar authorities to […]

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