Tue, 28 Mar 2023

PHNOM PENH -- Academics in Cambodia said Thursday that China's optimization of its COVID-19 strategy early this month is a "great boon" for Cambodia's tourism and economy.

Vun Phanith, a lecturer at the Institute for International Studies and Public Policy, a school of Royal University of Phnom Penh (RUPP), foresaw that large numbers of tourists, business people and investors will return to the Southeast Asian nation, given close relationship between the two countries.

"The comeback of Chinese travelers will be a great boon for our tourism and economy," he said here during a round-table discussion on China's reopening. (Cambodia-China-Tourism)

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ISLAMABAD -- Pakistani rupee suffered a big decline against the U.S. dollar as the greenback was traded at 255.43 rupees in the interbank market on Thursday, according to the State Bank of Pakistan (SBP).

The U.S. dollar closed at 230.89 rupees on Wednesday. On Thursday, the local currency depreciated by 24.54 rupee, or about 9.6 percent, to a record low against the U.S. dollar, official figures showed. (Pakistan-Finance-Currency)

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MANILA -- Philippine President Ferdinand Romualdez Marcos Thursday ordered government agencies to work on the extension of e-visa for travelers from major tourism markets in Asia, including China, to boost the recovery of the sector.

The Presidential Communications Office said Marcos issued the directive during a meeting with a private-sector tourism advisory council that had recommended the inclusion of Indian nationals under the visa-upon-arrival program and the extension of e-visa to Chinese, Indian, South Korean and Japanese citizens. (Philippines-E-visa-China)

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HONG KONG -- The Hong Kong Exchanges and Clearing Limited (HKEX) held on Thursday a live opening ceremony, the first time since 2020, to mark the first trading day of the Year of the Rabbit.

Hong Kong's stocks and gold went up on Thursday, with the benchmark Hang Seng Index rose 341.72 points to open at 22,386.37 points, while gold fetched 18,088 Hong Kong dollars (about 2,319 U.S. dollars) a tael, up 198 Hong Kong dollars from its close last Friday. (HK-Finance)

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