THAILAND EXPECTS the number of international tourists to hit 60 million in 2030, forcing the country to expand its investment in developing the infrastructure needed to support them, up from an anticipated 38 million this year, Tourism and Sports Ministry permanent secretary Pongpanu Svetarundra said in an interview with The Nation. “Thailand has under-invested in […]
Read MoreSingapore may be ranked the most expensive city to live in by the Economist Intelligence Unit (EIU), but a different ranking shows that this is hardly the case after accounting for personal income tax rates. Instead, Singapore comes in 11th in the latest tax-adjusted Worldwide Cost of Living Index for top earners, calculated by international […]
Read MoreMANILA, Philippines — Inflation may peak earlier-than-expected this year due to the lower-than-expected turnout for the month of May, according to the Bangko Sentral ng Pilipinas (BSP). BSP Deputy Governor Diwa Guinigundo said inflation may peak sooner than the fourth quarter forecast as inflation accelerated to just 4.6 percent in May from 4.5 percent in […]
Read MoreThe Hanoitimes – Interest of foreign investors in the country’s real estate is rising significantly with the market seeing more large-sized projects underway in recent months. During a recent working session with Ho Chi Minh City’s leaders, CEO of Lotte Asset Development Lee Kwang Young released plans to start construction of a smart complex in the […]
Read MoreIn a bid to modernise its offer of services, Cambodia Post, the state agency responsible for providing postal service in the Kingdom, on Friday unveiled a new application that enables electronic payments for a range of services as well as money transfers. Called ‘posTTransfer’, the new application allows users to perform domestic and international money […]
Read MoreThe government removed on Friday income tax on sugar as part of its attempt to maintain the government’s purchasing price at Rp 9,700 (69 US cents) per kilogram. The decision was made during a meeting at the State Palace in Jakarta attended by relevant officials and ministers. Trade Minister Enggartiasto Lukita said the government preferred to […]
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