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Thailand: NESDC worries about trade row’s impact on ‘fragile’ sector

The National Economic and Social Development Council (NESDC) is fretting over tourism prospects because the mounting trade row between the world’s two largest economies could affect the industry, which makes up about 20% of the country’s GDP.  Thosaporn Sirisamphand, the NESDC’s secretary-general and chairman of the Tourism Authority of Thailand (TAT) board, said the agency is […]

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Cambodia urges tourism training on par with Asean

Cambodia is calling for the establishment of tourism institutes and universities to provide relevant skills in compliance with an Asean curriculum, Minister of Tourism Thong Khon said. He was speaking during the Sub-Forum on Yunnan-South Asia & Southeast Asia Tourism Vocational Education and Personnel Training Exchange and Cooperation in China’s southwestern city of Kunming in […]

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Emerging Asia seen to weaken

Political instability threatens Phl economy — think tank MANILA, Philippines — Growth in emerging Asia – especially in developed countries which are major export markets of the Philippines – is expected to remain weak over a 10-year period because of slowing productivity and shrinking working age population, said London-based Capital Economics. In a research brief, […]

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World Bank approves new credit for Vietnam’s secondary cities

The World Bank Board of Executive Directors on Wednesday approved a $194.36 million credit plan to help four secondary cities in Vietnam build critically-needed municipal infrastructure and strengthen urban planning. The Dynamic Cities Integrated Development Project aims to increase access to improved urban services in Ky Anh in Ha Tinh province, Tinh Gia in Thanh […]

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Philippines: Sugar prices remain stable

MANILA, Philippines — The local sugar industry reiterated its opposition to a proposal calling for the  liberalization of  sugar imports, saying prices remained stable. The Confederation of Sugar Producers said mill gate sugar prices have not increased drastically in the past months. Food processors and manufacturers are reviving calls to relax sugar imports. The Philippine […]

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Thailand: Vehicle sales up 3.7% in sluggish May

Car sales growth is likely to slow in the second half as the local market sees fewer model launches to attract buyers and the political picture remains opaque to car makers, says the automotive industry club of the Federation of Thai Industries (FTI).  Surapong Paisitpatanapong, the club’s spokesman, said May car sales grew at a slower […]

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