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Thailand: Japanese cancel tours en masse

Thai tourism has been dealt another massive blow after 80% of Japanese tour groups cancelled packages to Thailand, prompting tour operators to urge airlines to reduce frequency of flights. Thais travelling to Japan have also dropped by 20%. Anake Srishevachart, president of the Thai-Japan Tourism Association, said 80% of Japanese groups have cancelled packages to […]

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Myanmar: China keen to invest in Dawei SEZ

A state-owned Chinese firm has expressed interest to invest in the planned Dawei Special Economic Zone (SEZ) in Tanintharyi Region, U Myint San, vice chair of Dawei SEZ Management Committee, told The Myanmar Times. The Myanmar government has yet to respond to the Chinese, given that talks to develop the SEZ with Italian-Thai Development Company Ltd […]

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Budget gives ‘large’ boost to Singapore economy

SINGAPORE: Singapore’s budget provides a “fairly large fiscal boost” to the economy to counter the impact of the coronavirus, with the government still expecting positive growth for the year, Deputy Prime Minister Heng Swee Keat said. Authorities are open to “upsides as well as downsides” to its growth outlook, and therefore have to be prepared […]

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Thailand: Industry Ministry eyes 2.2% gain in productivity in two years

The Industry Ministry has set a target to increase industrial productivity by 2.2% by 2022 and raise Thailand’s competitiveness by enhancing labour skills and leveraging technology and innovation. Kobchai Sungsitthisawad, the industry permanent secretary, said Thailand should increase productivity by using existing resources. To deal with problems like the global economic slowdown, trade wars, the […]

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