South Korea will seek travel bubble or selective border openings with Asian neighbours like Thailand, Taiwan and Vietnam where Covid-19 spread has been contained to aid tourism industries of respective countries. According to multiple industry sources, the Ministry of Culture, Sports and Tourism recently convened a meeting to discuss ways to boost the sluggish travel […]
Read MoreBANGKOK (BLOOMBERG) – Thailand is replacing the top two officials steering the economy through its worst crisis ever, injecting more uncertainty into the policy outlook. Finance Minister Uttama Savanayana resigned July 16 ahead of a Cabinet reshuffle, with Prime Minister Prayuth Chan-Ocha saying he’ll announce a likely replacement by next month. At the Bank of […]
Read MoreThe World Bank has approved a $100 million credit from the International Development Association (IDA) to improve access to basic services and economic opportunities in Cambodia. The project will enhance rural communities’ access to critical services, such as health centres, referral hospitals, schools and markets, through the improvement of climate-resilient rural roads. By improving selected […]
Read MoreThe nation’s successful efforts to contain the novel coronavirus (COVID-19) epidemic is being taken as a guarantee of the country’s full commitment to a safe and competitive investment environment in comparison to regional neighbours. In addition, new points in the investment attraction policy look set to increase the attraction of foreign capital, especially from locations […]
Read MoreConsumer interest in low-cost housing dominated the property market demand in the first half of the year, while sales started to pick up amid the impact of the pandemic on the sector, online property marketplace 99 Group data show. According to Singapore-based property marketplace start-up 99 Group, which owns 99.co and rumah123.com, low-cost residential property, priced below Rp […]
Read MoreMANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) is in no rush to siphon off the extra liquidity it injected into the financial system, even as it starts to unwind some of the measures it implemented to cushion the impact of the pandemic on the economy. According to BSP Governor Benjamin Diokno, the central […]
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Thailand
