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Cambodia: New prakas adjusts formula for retail fuel prices

The Cambodian government has issued an inter-ministerial prakas publicising the new formula with which ministries will adjust the retail price of fuel in the Kingdom to better reflect international rates and thereby maintain stability in oil supply. The Ministry of Economy and Finance, Ministry of Commerce and the Ministry of Mines and Energy on March […]

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Thailand: Songkran despair mounts

With water splashing events banned during Songkran for a third consecutive year, tourism operators face a challenge at the top two festival sites of Khao San Road and Chiang Mai as there is limited room to grow revenue amid soaring operational costs. The ban imposed by the Centre for Covid-19 Situation Administration (CCSA) last week […]

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