Hoteliers have mixed feelings about a new phase of the hotel subsidy scheme “We Travel Together” after the Tourism Authority of Thailand (TAT) suggested hotels could offer a 50% discount for an additional 1 million room nights. TAT governor Yuthasak Supasorn said cooperation from hotels was important to stimulate domestic trips without solely depending on a […]
Read MoreMANILA, Philippines — Mobile wallet GCash said Southeast Asia is becoming a top place for financial technology (fintech), attracting numerous entrepreneurs seeking to fill in the gaps left behind by traditional financial institutions. “There’s a thriving startup scene in Indonesia and Vietnam. And in a span of half a year, the Philippines gave birth to […]
Read MoreRESALE prices of Housing and Development Board (HDB) flats continued to rise for the 22nd straight month in April, while volumes inched up from the month before, according to flash estimates from property portal SRX and 99.co released on Thursday (May 5). HDB resale prices saw gains across all room types and locations. Overall prices […]
Read MoreThe new regional minimum wages, which have been agreed by members of the National Wage Council, will be effective on July 1, 2022. Revisions of regional minimum wages aim to protect low-paid workers, in addition to reducing poverty and inequity, increasing demand, and contributing to economic stability, according to the International Labor Organization (ILO) Country […]
Read MoreThe significance of investment governance for inclusive, sustainable development is often overlooked, including by stakeholders who work on natural resource governance and social and environmental issues. And yet, investment governance plays a major part in shaping the outcomes of their efforts. As part of the Advancing Land-based Investment Governance (ALIGN) initiative, the Columbia Center on […]
Read MoreMANILA, Philippines — Six Philippine banks have enabled coal projects by either underwriting or selling bonds meant to finance these developments, a move that goes against some of their commitments to stop coal funding, according to a new report. “Banks have not quit coal despite their coal divestment policies,” energy advocacy and bank watchdog group Withdraw from […]
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Thailand
