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Cambodia: Booking Holdings invests $200 million in Grab

Booking Holdings, a global leader in online accommodations and travel e-commerce, yesterday entered into a strategic partnership with Grab Holdings Inc. Booking Holdings’ brands will now be able to offer on-demand transport services through their apps, powered by Grab. The partnership also allows Grab users to book travel-related services through the app for the first […]

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Thailand: Inflation slows from September high

The headline inflation rate, gauged by the increase in the consumer price index (CPI), rose for the 16th straight month in October but slowed from September as prices of raw food, vegetables and fruits dropped. The Commerce Ministry reported yesterday consumer prices rose 1.23% year-on-year last month, easing from 1.33% in September and 1.62% in August, […]

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10 MOUs boosting regional links inked at first Chongqing-Singapore financial summit

SINGAPORE – Interest is picking up on opportunities for collaboration between South-east Asia and western China as more than 500 business leaders and government officials descended on Chongqing to attend the inaugural China (Chongqing)-Singapore Connectivity Initiative Financial Summit on Friday (Nov 2). Ten memoranda of understanding (MOUs) were inked during the summit, which aims to […]

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Indonesia welcomes 1.35m foreign tourists in September

Statistics Indonesia (BPS) announced on Thursday that it had recorded 1.25 million foreign tourist arrivals in September, 10.56 percent lower than the previous month. “Learning from the year by year data on tourist arrivals, we see that the decline of tourist arrivals in September is normal because the holiday season is over [in September]. European […]

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