Laos Troubled by Surging Tourism

Laos Troubled by Surging Tourism

Laos may struggle with the expected surge in Chinese visitors arriving on the Laos-China railway from Kunming, the capital of neighboring Yunnan province in China, President of the Hotel and Restaurant Association Pakasith Chathapaya says. “My concern is that our...
Vietnam’s Growth Slackens

Vietnam’s Growth Slackens

Vietnam’s economic growth is projected to ease to 6.3% in 2023 from 8% last year. Services growth moderates and high prices and interest rates are weighing on households and investors this year, the World Bank warns. Source: click HERE.
Asian Bank Stocks Slump

Asian Bank Stocks Slump

Shares of banks in Asia slumped on Monday after the collapse of a U.S. startup-focused bank. The U.S. administration announced on Sunday a series of emergency measures to shore up confidence in the banking system following the failure of Silicon Valley Bank...