Several challenges beset Thailand’s tourism industry in the first half of 2019, especially the fading China market after a slowdown stemming from the sluggish global economy and trade tensions between the world’s two biggest economies. The soaring baht against major currencies, including the yuan, is another worrying issue that could deter Chinese from travelling here. […]
Read MoreTHE results of an array of regional and international studies focussed on a range of different fields released in June included Brunei Darussalam in their findings. One such study was Mercer’s 25th annual Cost of Living Survey 2019, in which Bandar Seri Begawan was ranked the 102nd most expensive city for employees working abroad – up four […]
Read MoreTransportation Minister Budi Karya Sumadi has said that the government plans to operate Tanjung Priok Seaport in North Jakarta, the country’s largest port, for 24 hours seven days a week in trying to boost exports. He said all sections at the port – the port office, customs and excise office, immigration, port operator, banks and other stakeholders – would also be […]
Read MorePETALING JAYA: Banks are not restricting lending activities amid concerns that lenders have been reluctant or stringent in their financing. While emphasising on the importance of financing to different customer groups, commercial banks said the disbursement of loans were in line with responsible lending guidelines and balanced against their risk metrics. House buyers, according to […]
Read MoreBangkok Airways, a Thai regional airline, is interested in opening a direct route between Bangkok and Bagan, which has just been accorded the World Heritage Site status by UNESCO. Bagan, an ancient site of Buddhist temples, monasteries and fortifications in Mandalay Region, already popular with tourists, could see more interest now that it has finally […]
Read MoreMANILA, Philippines — British banking giant HSBC expects a faster economic growth for the Philippines next year as almost half of the flagship priority projects under the government’s Build Build Build program go on stream. Joseph Incalcaterra, chief economist at HSBC, said the Philippine economy may expand by 6.4 percent next year. “Our assumption for […]
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Thailand
