SINGAPORE – Singapore still needs a “significant” number of hotel rooms to keep pace with rising tourist numbers in future despite substantial growth in room supply over the last three years, according to real estate agency Colliers International. Room supply increased by over 5,500 in 2015, with another 2,567 rooms added in 2016 and about […]
Read MoreThe Association of Southeast Asian Nations (Asean) had a lot to celebrate when it marked its 50th anniversary last year. The region has undergone a significant transformation from a bloc of underdeveloped countries to become one of the world’s most dynamic economic drivers. Poverty has been reduced significantly and the quality of life has improved for […]
Read MoreThe Hanoitimes – E-commerce transactions will be required to make payment via banks or authorized payment intermediary services compulsorily. It was drafted in the amended Law on Tax Management, which has recently released by the Ministry of Finance (MoF) for recommendation. According to the ministry, the proposal aims to better manage and collect taxes on e-commerce, […]
Read MoreVientiane State Bus Enterprise will raise the price of bus tickets across Vientiane due to constant price hikes in petrol, an official said on Friday. The Director of the Vientiane State Bus Enterprise, Mr Khamphoune Temerath told Vientiane Times on Friday that the some bus tickets that service Vientiane will be raised, with the new price implemented […]
Read MoreThe Hanoitimes – Vietnam’s consumer price index (CPI) in April moved 0.08% against last month, pushing up the four-month figure by 2.8 percent year-on-year, reported the General Statistics Office (GSO) on April 29. Six among 11 commodity groups witnessed price increase in April. Among those, transportation lead the rank with 1.18% increase in prices, which is […]
Read MoreLHN Group, a Singapore-based real estate management group, has purchased 108 freehold apartments for $12.5 million from Spring CJW Development Pte. Ltd., a local developer. The apartments are part of Axis Residences, a condominium building whose completion is slated for December in Phnom Penh’s Sen Sok district. “The board is pleased to announce that it […]
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Thailand
