The only countries in Southeast Asia that have started opening their international borders to non-essential travel in a significant way are Singapore and Thailand, although Cambodia may soon do so too. Singapore has opened up to more than 10 countries with low coronavirus infection and high vaccination rates, most of which have reciprocated. But the […]
Read MoreSINGAPORE’S core and headline inflation rates edged up marginally in September, surprising private-sector economists who had expected them to hold steady, and prompting some to revise inflation forecasts upwards. While the Monetary Authority of Singapore (MAS) and the Ministry of Trade and Industry (MTI) maintained their inflation forecasts for 2021 and 2022, their outlook has […]
Read MoreVietnam’s aquatic product exports are forecast to rake in 8.4 billion USD this year, equivalent to the figure in 2020, according to the Vietnam Association of Seafood Exporters and Producers (VASEP). The association said there is large room for seafood exports, but the sector has faced many difficulties caused by the COVID-19 pandemic over the […]
Read MoreTourism experts from the Mekong region have been meeting online to discuss how to rebuild the industry as the Coronavirus pandemic eases in Asia. The six countries bordering the Mekong River are Cambodia, Vietnam, Thailand, Laos, Myanmar and China. The meeting came as China cancelled hundreds of flights to try to stamp out a Covid-19 […]
Read MoreMANILA, Philippines — Economic recovery for Southeast Asia is expected to be more pronounced next year, as the region learns to live with COVID, with the Philippines expected to post the strongest rebound. In its weekly economic preview, market intelligence firm IHS Markit said the economic scenario for 2022 continues to be positive for ASEAN […]
Read MoreThe Excise Department has the authority to not approve cigarette importers from setting the product at an unusually low retail price, according to a department source. The source added that under the current tax structure for cigarettes, which took effect on October 1, retail prices of cigarettes are expected to increase. The current two-tier structure […]
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Thailand
