Xinhua Asia-Pacific news summary at 1600 GMT, June 30

PHNOM PENH — Cambodia has launched a tourism marketing and promotion board, aiming at promoting the tourism sector to the international markets, said a Ministry of Tourism’s statement on Sunday.

Led by Tourism Minister Sok Soken, the Cambodia Tourism Marketing and Promotion Board consists of representatives from eight public institutions and seven private sectors who hold significant roles in the tourism field. (Cambodia-Tourism)

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DHAKA — The Bangladesh parliament on Sunday passed a record 7.97-trillion-taka (68 billion U.S. dollars) national budget for the 2024-25 fiscal year (July 2024-June 2025).

Finance Minister Abul Hassan Mahmood Ali placed before the parliament the annual budget of Prime Minister Sheikh Hasina’s government. (Bangladesh-Budget)

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YANGON — Myanmar authorities seized 500,000 stimulant tablets in southern Myanmar’s Yangon Region, according to a statement from the Central Committee for Drug Abuse Control (CCDAC) on Sunday.

Acting on a tip-off, anti-narcotics police intercepted a vehicle at the Aung Mingalar Highway Station in Mingaladon Township of Yangon Region on June 25 and confiscated the drugs, the CCDAC reported. (Myanmar-Drug Seizure)

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VIENTIANE — The Lao government will further coordinate with related sectors to effectively tackle rising inflation and foreign exchange rates in order to reduce their impact on the prices of goods.

Laos’ Ministry of Industry and Commerce will promote scientific and focused cooperation between research institutions to find solutions to chronic and complex economic problems, Lao national TV on Sunday quoted Lao Minister of Industry and Commerce Malaythong Kommasith as saying. (Laos-Inflation)

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