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Economists expect Chinese tourists to boost Malaysia’s tourism

KUALA LUMPUR: Malaysian economists have foreseen the potential growth of Chinese tourists to boost the Southeast Asian country’s tourism industry, reported Xinhua. PublicInvest Research said in its recent report that it expects China to contribute to the recovery of the global tourism industry, including Malaysia. According to the research house, the resurgence of Chinese tourists […]

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Laos to Promote Domestic Production, Reduce Imports

The Ministry of Industry and Commerce (MTC) announced a number of measures to promote domestic production and reduce imports during the 5th Ordinary Session of the 9th National Assembly last week. Deputy Minister of Industry and Commerce, Mrs. Chansouk Sengphachanh, said that the MTC has been working with the Ministry of Planning and Investment to […]

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Thailand: Central bank aims to tackle debt crisis

The Bank of Thailand aims to cut persistent debt in order to reduce the burden of households and help consumers exit from the debt cycle faster. The central bank will set out three guidelines for responsible lending (RL), risk-based pricing (RBP), and macroprudential policy this month, as a move to help solve the country’s household debt […]

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