The Samui Plus scheme is anticipating soft demand due to a surge in daily cases and delays in the Certificate of Entry (COE) registration process, while travel agents want to see clear regulations before launching marketing plans. Ratchaporn Poolsawadee, president of the Tourism Association of Koh Samui, said the programme needs one to two months […]
Read MoreMANILA, Philippines — As pandemic restrictions ease, an old enemy of the Philippine economy is threatening to return and disrupt recovery: the current account deficit. Dollars have been flowing out of the economy since curbs were relaxed as imports recover. In turn, the exodus of foreign funds has already reversed the Philippines current account position, […]
Read MoreSINGAPORE – Rents for private apartments were unchanged in June, while those for Housing Board flats edged up by 1 per cent from the previous month, according to flash data from real estate portal SRX released on Wednesday (July 14). Rental volumes for both condominium units and HDB flats rose for a third consecutive month in June, […]
Read MoreThe baht opened at 32.66 to the US dollar on Wednesday, weakening from Tuesday’s closing rate of 32.60. The Thai currency is likely to move between 32.60 and 32.75 during the day, Krungthai Bank market strategist Poon Panichpibool said. He said foreign investors decided to sell their assets in Thailand due to uncertainty caused by […]
Read MoreThunes, a leading global payments network, has announced a partnership with ABA Bank (“ABA”) that enables Cambodians overseas to send money back home quicker and cheaper from around the world. Previously, customers making international money transfers to Cambodia had to pay high fees averaging close to 12% on a $200 transfer and wait several days […]
Read MoreMANILA, Philippines — Despite a projected increase in global pork production this year, the Philippines’ pork output is seen to decline nearly 40 percent than its production prior to African swine fever (ASF), according to the United States Department of Agriculture (USDA). In its latest report, the USDA-Foreign Agricultural Service (FAS) said Philippine pork production […]
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