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Thailand: THA touts expat discounts

The Thai Hotels Association (THA) is introducing a stimulus campaign targeting expatriates by offering a 1,000-baht discount on 5,000 room nights and urging the government to move an existing domestic campaign onto e-commerce platforms. Marisa Sukosol Nunbhakdi, THA president, said the campaign is a bid to support the hotel industry during the tough economic situation, […]

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Landlords in SEA rethinking operations and strategies

Landlords are turning to innovative means to stay relevant, as Covid-19 has accelerated trends in consumer behaviour, forcing landlords and retailers to rethink their business operations and strategies, said CBRE Research in its latest paper.  In fact, when countrywide lockdowns and home quarantines were first implemented, retail sales in Southeast Asia suffered double digit declines. […]

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Cambodia: GDP numbers rendered uncertain by floods

Flooding has created uncertainty over the Kingdom’s economic outlook this year, with various figures bandied about and thousands of households and paddies affected. However, economists are optimistic that even though the country has been hit by flash flooding, adding to the COVID-19 pandemic and also the partial loss of the everything but Arms (EBA) trade […]

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