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Philippines: AMRO forecasts 6.9% growth for 2022

THE Asean+3 Macroeconomic Research Office (AMRO) sees Philippine gross domestic product (GDP) reaching 6.9 percent for 2022 and 6.5 percent for 2023. Speaking at the 2021 AMRO’s Annual Consultation Report on the Philippines webinar, AMRO chief economist Hoe Ee Khor said that economic recovery in the Philippines remained on track despite recurrent waves of Covid-19 infections. Asean is the Association of Southeast […]

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Shippers shrug at Myanmar loan rule

The Central Bank of Myanmar’s order for companies and individual borrowers to suspend repayment of foreign loans, the latest in a series of steps to shore up the nation’s dwindling foreign exchange reserves, is unlikely to have a significant impact on Thai exports, says the Thai National Shippers’ Council (TNSC). According to Chaichan Chareonsuk, chairman […]

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Thailand: Travel agents push trips to Malaysia

The Thai Travel Agents Association (TTAA) wants to spur more outbound trips to Malaysia through the exchange of tourist flow to support the recovery trajectory following the border’s reopening. Charoen Wangananont, TTAA president, said Malaysia is a major market that can support two-way tourism with Thailand, as seen by the current influx of Malaysian tourists. […]

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Online system for Asean consumer complaints redressal launched

In view of the rising cross-border business in the region, the Asean Committee on Consumer Protection (ACCP) has launched an online mechanism to speedily address the grievances of consumers. The ‘Online Consumer Complaints Function,’ launched at the recent 3rd Asean Consumer Protection Conference is one of the first steps towards developing the Asean Online Dispute […]

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