The governor of Bangkok supports entertainment venues staying open until 4am in order to promote night-time tourism. Chadchart Sittipunt said tourism, including the hotel segment, is at the heart of the city’s economy as the sector creates jobs and pay taxes for the city. “My main duty is to remove all obstacles for you,” Mr […]
Read MoreThe Vietnamese dong currency has dropped against the U.S. dollar in the lead up to the U.S. Federal Reserve (Fed) meeting where interest rates are expected to be hiked by three-quarters of a point again. The State Bank of Vietnam (SBV) set the central foreign exchange rate at VND23,301 per U.S. dollar on September 20, […]
Read MoreThailand and Vietnam have surpassed Singapore as the top crypto trading centers among the ten members of the Association of Southeast Asian Nations (ASEAN). Nikkei reports that according to data provided on Wednesday by blockchain data company Chainalysis, the two ASEAN members reported over USD 100 billion in crypto trade values between July 2021 and June 2022. […]
Read MoreThe Asian Development Bank (ADB) said Wednesday that Cambodia was expected to have one of the lowest rates of inflation among ASEAN countries this year despite the global surge in fuel and fertiliser prices. In the annual update to its Asian Development Outlook, the bank said it upwardly revised its inflation forecast for Cambodia this […]
Read MoreUNITED NATIONS — The Philippines can reach its goal of becoming an upper middle-income country by next year and “moderately prosperous” by 2040, but it needs the help of other nations to make such ambitions possible, President Ferdinand “Bongbong” Marcos Jr. said Wednesday. In an address delivered before the 77th United Nations General Assembly, Marcos said […]
Read MoreVietnam is anticipated to be placed among the top 15 with the largest GDP based on purchasing power parity (PPP) in Asia this year, according to the latest projections made by the International Monetary Fund (IMF). China is forecast to become the economy with the largest GDP by purchasing power parity (PPP) in Asia, followed […]
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