Laos has recorded over five million tourists this year, exceeding expectations and generating more than US$1 billion in revenue, Prime Minister Sonexay Siphandone has announced recently. According to …
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Cambodia’s Economic Growth Hits 5.3 Per Cent in 2024 with Tourism Development
Cambodia’s economy is on track to achieve 5.3% growth in 2024, up from 5% in 2023, driven by a rebound in tourism, trade expansion, and sustained foreign direct investment, according to the World Bank…
ADB Approves $600 Million Budget Support to Bangladesh to Strengthen Economic Management and Governance
The Asian Development Bank (ADB) will provide a $600 million policy-based loan (PBL) to the Government of Bangladesh, with a package of structural reforms supporting mobilization of domestic resources…
ASEAN medical tourism set to outpace global revenue growth
The ASEAN medical tourism industry is expected to outpace the global market, said CGS International. The report said that the industry is projected to grow at a compound annual growth rate of 18% unti…
Tech, talent and Trump pose risks to Vietnam’s economic strategy
Vietnam, one of Southeast Asia’s star performers, finds itself facing an all-too-common problem. Having rapidly grown its economy by bringing its workforce into low value-added manufacturing jobs, Vie…
Sri Lanka: Elections pave the way for a new political era amid an economic crisis
Event Centre-left candidate Anura Kumara Dissanayake became the surprise new president of Sri Lanka after winning the elections on 21 September. Then, less than two months later, his National People&#…
Revolutionizing Agriculture with Dual-purpose Crops Bridging Food, Beauty
The “Breeding and Application of Dual-purpose Food Crops for Both Edible and Ornamental Use” project has recently been selected as a finalist in the Global Excellence Engineer Competition,…
Rising Palm Oil Futures In Malaysia Signal Shifting Market Dynamics
What’s going on here? Malaysian palm oil futures have surged, with February’s benchmark contract climbing due to forecasts of shrinking November stock levels and weather-related disruptions. What does…
Opinion: Is Cambodia Poised to Become Southeast Asia’s Next Financial Hub?
As international capital continues flowing into Southeast Asia, ASEAN is increasingly seen as the next global economic growth center. In recent years, Cambodia’s economic growth has strengthened its r…
How India Is Gaining Big Amid Bangladesh’s Textile Trouble
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