The countries in the Regional Comprehensive Economic Partnership are set to benefit from a wide-ranging deal that will entice investors towards the region. Luong Hoang Thai, director general of the Multilateral Trade Policy Department under the Ministry of Industry and Trade, explained to Phuong Thu how the new deal would help global businesses entering the […]
Read MoreRetail sales in Indonesia dropped significantly in October and are expected to drop further in November in another sign that the nation’s economic recovery is losing steam as people’s purchasing power remains sluggish as a result of the coronavirus pandemic. According to a survey published by Bank Indonesia (BI) on Thursday, retail sales dropped 14.9 […]
Read MoreLooking ahead to 2021, the impact of the coronavirus pandemic is changing not just people’s choice of destination but also the type of trips they are most likely to take in the coming year. New research from the digital travel portal Booking.com reveals the five emerging trip types for 2021 to motivate and inspire travellers […]
Read MoreIt’s no secret that the tourism industry is a pillar of strength as both a key driver in the Kingdom’s GDP, as well as a major trickle-down contributor to the local economy. A less known fact though is that domestic tourism accounts for nearly twice the number of inbound tourists yearly. In 2019, a United […]
Read MoreKUALA LUMPUR (BERNAMA) – Malaysia is well-positioned for an economic recovery in 2021 as it is poised to leverage on the uptrend in external demand for commodities and manufacturing as well as its lower reliance on tourism and services exports compared to regional peers like Singapore and Indonesia, said CGS-CIMB. The research house said other […]
Read MoreThe Tourism Authority of Thailand (TAT) is partnering with famous dating app Tinder to promote domestic trips for single tourists. “Tourism connects people, and some people might end up being lifetime partners. Tourists can also help support tourism and the economy during tough times,” said Thapanee Kiatphaibool, TAT deputy governor for tourism products and business. […]
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Thailand
