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Thailand – Arkhom: 40m arrivals by 2024

Thailand is expected to return to the pre-pandemic level of international arrivals of almost 40 million in five years, according to Finance Minister Arkhom Termpittayapaisith. Speaking at a seminar held on Wednesday by the Securities and Exchange Commission (SEC), he said the tourism sector is expected to recover gradually, with a great number of foreign arrivals […]

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Malaysia poised to get more foreign investors

KUALA LUMPUR: European and US companies have ranked Malaysia as the second most favourable South-East Asian country for opportunities to establish or expand sourcing, selling or operations over the next six to 12 months. According to a Standard Chartered study, “Borderless Business”, chief financial officers (CFOs) and treasurers in the United States, the UK, Germany […]

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Philippines hits target 20% payments via digital means

MANILA, Philippines — The Philippines successfully raised the share of digital payments to 20 percent of retail transactions last year from only one percent seven years ago amid the shift in consumer behavior due to the quarantine measures brought about by the global health pandemic, according to the Bangko Sentral ng Pilipinas (BSP). BSP Deputy […]

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Thailand: Landy Home targets 15% growth in sales

As demand for self-built homes remains strong, particularly in the high-end segment, homebuilder Landy Home (Thailand) is aiming for sales growth of 15% to 2.4 billion baht this year. Pornrat Maneerattanaporn, the company’s deputy managing director, said demand for self-built homes is always strong regardless of the economic conditions. “Demand rose during the pandemic as […]

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