Hormuz Strait Closure: Asia Braces for Economic Shockwave as Inflation Fears Mount
MONDAY, JUNE 23, 2025
A new report warns that Asian economies, heavily reliant on Middle Eastern oil and gas, face an "extreme challenge" if Iran acts on renewed threats to close the vital Strait of Hormuz, with soaring energy costs poised to spark severe inflation across the region.
Wat Pho ranks among TripAdvisor’s 25 popular Asian destinations
SUNDAY, JULY 14, 2024
Bangkok’s Wat Phra Chetuphon, also known as Wat Pho, was recently named among this year’s 25 popular destinations in Asia by US-based online travel agency TripAdvisor.
THE ASIAN Development Bank has led the region’s developing countries to more dynamic and freer economies over the past 50 years, ADB president Takehiko Nakao said.