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Philippines: Tourism receipts up 15% in H1

MANILA, Philippines — Tourism receipts grew 14.89 percent in the first six months of the year, driven by higher tourist arrivals, the Department of Tourism (DOT) said. Based on figures released by the DOT on its website, tourism activities generated P146.3 million in total  earnings in the first half, higher than the P127.37 million recorded […]

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Myanmar publishes first socio-economic report for investors

The Directorate of Investment and Company Administration (DICA) in partnership with the German Corporation for International Cooperation (GIZ) have published a detailed report entitled The Socio-Economic Atlas of Myanmar. For the first time, the report will provide official details and statistics on Myanmar’s geography, population and climate as well as its education transportation, healthcare and […]

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Indonesia: Capital Flow to Developed Countries Exceeds One Trillion Dollars

TEMPO.CO, Jakarta – The research conducted by the Institute of International Finance (IIF) shows that developed countries will attract capital investments exceeding US$1 trillion or Rp13,463.6 trillion in 2017. According to IIF Executive Director Hung Tran, the positive atmosphere first started in 2014 during the improved economy of developing countries. In a report published on Tuesday in […]

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Thailand: K-Research: Export growth to reduce speed in 2018

Despite 2017’s upbeat growth prospects, exports are tipped to expand at a slower pace next year because of volatile crop prices and rising geopolitical tensions hitting global trade, says Kasikorn Research Center (K-Research). The continued price volatility of agricultural products, which account for 20% of exports, is likely to take a toll on 2018’s export […]

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