Sat, 05 Dec 2020

BEIJING -- China has made remarkable achievements in its battle against poverty over the past five years, lifting 55.75 million rural residents out of poverty, according to a communique released Thursday after the fifth plenary session of the 19th Central Committee of the Communist Party of China. (China-CPC-Communique)

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TOKYO -- The Bank of Japan (BOJ) on Thursday lowered its economic growth and inflation forecasts for the current business year through March, although kept its ultra-loose monetary policy intact.

The BOJ said in its latest outlook report that it projects the economy here will contract 5.5 percent in the fiscal year 2020. (Japan-BOJ-Lowers Growth)

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PHNOM PENH -- Cambodia had received 1.24 million foreign visitors during the first nine months of 2020, down 74 percent from 4.81 million over the same period of last year, said the latest report released by the Ministry of Tourism on Thursday.

China, Thailand and Vietnam were the biggest sources of foreign travelers to the kingdom during the January-September period this year, the report said. (Cambodia-Tourism-China)

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BEIJING -- China's gross domestic product (GDP) is expected to cross the 100-trillion-yuan mark in 2020, says the communique of the fifth plenary session of the 19th Central Committee of the Communist Party of China, which was released on Thursday.

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BANGKOK -- Some 5,000 employees of Thai Airways International (THAI) have offered to take early retirement from the financially-ailing airline firm, said a top executive official on Thursday.

Out of a total of about 19,000 THAI employees, about 5,000 have recently offered to take early retirement from the upcoming Dec. 1, confirmed acting THAI President Chansin Treenuchakorn.

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