Siem Reap is gearing up for the return of international visitors with the Tourism Master Plan. The government officially launched the plan yesterday in a ceremony presided over by Deputy Prime Minister and Minister of Economy and Finance Aun Pornmoniroth. The plan runs from this year through to 2035 with the aim of turning Siem […]
Read MorePlans to reopen Cambodia, Vietnam, Thailand and Myanmar to tourists, along with a new China-Laos high speed rail link are reviving talk of a Mekong travel bubble. Thailand has already welcomed foreigners to sandbox islands such as Phuket and Koh Samui and will open the country to fully vaccinated visitors from at least 10 nations […]
Read MoreMANILA, Philippines — The Philippines has the second worst pension system in Southeast Asia, a global survey showed. According to Mercer’s Global Pension Index 2021, the Philippines ranks among one of the worst countries in terms of giving out retirement incomes, together with Japan, Mexico, South Korea, Turkey, India, Argentina and Thailand. On a scale […]
Read MoreThe baht opened at 33.35 to the US dollar on Thursday, unchanged from Wednesday’s closing rate. The Thai currency is likely to move between 33.25 and 33.45 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon predicted that the baht would drift sideways. A factor that will cause the baht to strengthen is […]
Read MoreCambodian government has encouraged U.S. companies to join biding on infrastructure projects and build quality physical infrastructure in Cambodia. The encouragement was made by Sun Chanthol, Senior Minister and Minister of Public Works and Transport in a virtual meeting with Mr. Ted Osius, President and CEO of the U.S.-ASEAN Business Council (U.S.-ABC), accompanied by representatives […]
Read MoreThe Government is expected to soon issue an overall economic recovery plan, which serves as the basis for localities to carry out their own push for economic development. Vietnam’s GDP growth in 2021 is estimated at around 3-3.5% in 2021, which would translate into a GDP per capita of US$3,660-3,680. Prime Minister Pham Minh Chinh […]
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