Earthquake to cut Thailand tourism revenue by 10-15%
The earthquake last week is expected to cause Thailand’s tourism sector revenue to fall by 10-15% over the next two weeks, the Thai Hotels Association (THA) said on Monday.
Economic Affairs
Construction begins on $58-million Vietnam-China cross-border bridge
The international bridge will connect the two countries and will be completed early, before June 30, 2026, a full three months ahead of the original contract schedule.
US blacklisting of more Chinese firms threatens global supply chains: China Ministry of Commerce
The US Department of Commerce's Bureau of Industry and Security on Tuesday added 80 entities to its export control Entity List, including the Beijing Academy of Artificial…
Indian manufacturers upbeat as government slaps anti-dumping duties on 5 Chinese products
The Indian government, in a bid to protect domestic industries, imposed an anti-dumping duty of US$1,732 (S$2,320) per tonne on vacuum-insulated flasks and other stainless steel…
Japan PM Ishiba: ‘All options’ being considered in response to U.S. auto tariffs
The Prime Minister said he had instructed relevant Cabinet ministers to lobby the U.S. side for exemptions to the tariffs, examine the levies’ possible impact on domestic…
Laos, Australia strengthen economic ties
Australian Ambassador to Laos Megan Jones highlighted the potential for Australian investment in the Savan-Xeno Special Economic Zone, especially in logistics and agriculture as…
Indonesia joins BRICS-backed New Development Bank
The decision came after Indonesia President Prabowo held a meeting with NDB president Dilma Vana Rousseff at the State Palace in Jakarta on Tuesday.
Malaysian banks foiled nearly US$180 million in fraudulent transactions
Association of Banks in Malaysia said the transactions, worth over RM780mil, were intercepted between 2023 and 2024.
Indonesian sovereign wealth fund unveils leadership lineup including Sachs, Thai ex-PM Thaksin
Analysts caution that the fund’s success will hinge more on its execution than on the prominence of its board members.
India’s traditional beverage ‘Goli Soda’ witnesses strong response in international market
This iconic beverage, once a household staple, is making a remarkable comeback on the global stage, driven by its innovative reinvention and strategic international expansion.