THAILAND’S growth may have reached a trough in the second quarter of 2020, but the recovery is likely to be drawn out, with weak tourism and demand, said DBS Group Research economist Radhika Rao in a July 13 report. DBS has lowered its forecast to a 7.5 per cent contraction in 2020, before a recovery […]
Read MoreMANILA, Philippines – Investments approved by the Board of Investments (BOI) soared by 112 percent to P645.3 billion in the first semester from P304.4 billion a year ago, driven by projects in the infrastructure, transportation and real estate sectors. BOI managing head and Trade Undersecretary Ceferino Rodolfo said the approved investments are for 96 projects. […]
Read MoreTo promote domestic tourism, three communities in Kampot and a local tour company inked a memorandum of understanding (MoU) to attract vacationers to experience the pleasures of their province with a specially designed package. The MoU was signed by Om Pharin, chairman and chief executive officer of Charming Cambodia Travel & Tours, with representatives from […]
Read MoreThe electronics industry in the last six months of the year is forecasted to be still greatly affected by the COVID-19 pandemic, which reduces demand in the US and European markets. The report on industrial and commercial production in the first six months of the Ministry of Industry and Trade showed that the production index […]
Read MoreSingapore and Malaysia will implement a reciprocal green lane for cross-border travel between both countries, according to a press statement from both ministries of foreign affairs. Officials are working toward a target start date of Aug 10. According to the statement, the green lane will enable cross-border travel for essential business and official purposes. Eligible […]
Read MoreOffice occupancy rates in Indonesia’s major cities are expected to plunge further next year as supply increases at a time when demand remains weak amid the coronavirus pandemic. According to a projection by property consultancy Colliers International, office occupancy will plunge to just 78 percent in the central business districts (CBD) of Jakarta and Surabaya […]
Read More
Thailand
