The National Economic and Social Development Council (NESDC) is fretting over tourism prospects because the mounting trade row between the world’s two largest economies could affect the industry, which makes up about 20% of the country’s GDP. Thosaporn Sirisamphand, the NESDC’s secretary-general and chairman of the Tourism Authority of Thailand (TAT) board, said the agency is […]
Read MoreCambodia is calling for the establishment of tourism institutes and universities to provide relevant skills in compliance with an Asean curriculum, Minister of Tourism Thong Khon said. He was speaking during the Sub-Forum on Yunnan-South Asia & Southeast Asia Tourism Vocational Education and Personnel Training Exchange and Cooperation in China’s southwestern city of Kunming in […]
Read MorePolitical instability threatens Phl economy — think tank MANILA, Philippines — Growth in emerging Asia – especially in developed countries which are major export markets of the Philippines – is expected to remain weak over a 10-year period because of slowing productivity and shrinking working age population, said London-based Capital Economics. In a research brief, […]
Read MoreThe World Bank Board of Executive Directors on Wednesday approved a $194.36 million credit plan to help four secondary cities in Vietnam build critically-needed municipal infrastructure and strengthen urban planning. The Dynamic Cities Integrated Development Project aims to increase access to improved urban services in Ky Anh in Ha Tinh province, Tinh Gia in Thanh […]
Read MoreMANILA, Philippines — The local sugar industry reiterated its opposition to a proposal calling for the liberalization of sugar imports, saying prices remained stable. The Confederation of Sugar Producers said mill gate sugar prices have not increased drastically in the past months. Food processors and manufacturers are reviving calls to relax sugar imports. The Philippine […]
Read MoreCar sales growth is likely to slow in the second half as the local market sees fewer model launches to attract buyers and the political picture remains opaque to car makers, says the automotive industry club of the Federation of Thai Industries (FTI). Surapong Paisitpatanapong, the club’s spokesman, said May car sales grew at a slower […]
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