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Laos: E-visa set to go online year-end, early 2019

Electronic visa (E-visa) services are set to be offered at the end of this year or early next year in a move to attract more foreign tourists to take vacations in Laos. Authorities in charge are accelerating procedures and related works preparing for the launch of the online E-visa service, a senior official of the […]

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Thailand: Worker debt hits high

Thai workers are saddled with the highest debt levels in 10 years, mainly incurred from daily consumption, vehicles, investments, residential purchases, debt repayment and medical expenses.  The latest survey by the University of the Thai Chamber of Commerce (UTCC) is based on 1,194 respondents whose income is lower than 15,000 baht per month. It found that […]

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Vietnam firms team up with Asia-Pacific partners for stronger growth

The Hanoitimes – The cooperation with Asia-Pacific businesses will help Vietnamese firms better penetrate into big markets and gain stronger growth, Doan Duy Khuong, according to Vice Chairman of the Vietnam Chamber of Commerce and Industry (VCCI). Khuong said during a conference on strengthening the connection and partnership between Vietnam’s firms and members of the Confederation […]

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Indonesia: Inflation recorded at 0.12% in third week of April

Bank Indonesia Governor Agus Martowardojo has said that inflation was recorded at 0.12 percent in the third week of April, while year-on-year inflation stood at 3.44 percent.   Agus said in Jakarta on Thursday that the increase in the prices of red onions, red chili and garlic would contribute significantly to the April inflation, but he expressed optimism that the […]

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Malaysia a big winner if oil price rally continues

PETALING JAYA: Saudi Arabia, Nigeria, Colombia and Malaysia are the clear-cut winners if the recent oil price rise continues and is more supply-side driven, says Nomura Global Markets Research. In its emerging markets (EM) insight, it said for the emerging economies, the large net oil importers with weak economic fundamentals would possibly be more impacted […]

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