MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is optimistic the gross domestic product (GDP) will grow close to seven percent in the first quarter amid the series of rate hikes to tame inflation and stabilize the peso. According to BSP Governor Felipe Medalla, the central bank expects a GDP expansion of almost seven […]
Read MoreThe Prey Veng provincial leadership have expressed their commitment to building more transport infrastructure in both urban and rural areas to attract more visitors to the province. They described the province as having further tourism potential, but described the existing infrastructure as “limited”. Their commitment was made at a press conference on the provincial administration’s […]
Read MoreSET-listed WHA Corporation, the country’s largest developer of built-to-suit logistics facilities, is calling for the next government to take advantage of more foreign investment, especially from China, to boost technology transfers and local employment. Authorities should ensure foreign investment does not solely intensify competition with local entrepreneurs, said Jareeporn Jarukornsakul, chairman and group chief executive of […]
Read MoreEnterprises in supporting industries now have great opportunities to develop but they will not grasp the opportunities if they can’t get support from the state. Nguyen Van Tri, CEO of Lap Phuc Co Ltd, which specializes in making hi-tech prototypes for export to the US, said the company enjoyed benefits from the HCM City’s demand […]
Read MoreCentral Pattana (CPN) is joining forces with WeChat Pay to stimulate Thai tourism, creating a seamless shopping experience for Chinese tourists. Nattakit Tangpoonsinthana, executive vice-president of marketing for CPN, said the Tourism Authority of Thailand forecasts 5-8 million Chinese tourists this year. Chinese were one of the top five source markets for tourists in January […]
Read MoreThe Indonesian Chamber of Commerce and Industry (KADIN) has called for the adoption of the ASEAN Quick Response (QR) Code by all ASEAN countries at the ASEAN Business Advisory Council (BAC) meeting. Jakarta (VNA) – The Indonesian Chamber of Commerce and Industry (KADIN) has called for the adoption of the ASEAN Quick Response (QR) Code by […]
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