The new 300-baht tourism fee due to take effect in April is drawing mixed reactions from tourism operators as the recovery remains tepid and fragile. “If the country wants to welcome back tourists, the tourism fee has to be put off until at least 2023 as the sector has to be rebuilt from the ground […]
Read MoreTHE recent ban on coal exports in Indonesia will cut the supply in the international coal market and lead to an increase in benchmark coal prices, research company CreditSights said. A complete export ban was unnecessary and 20 to 25 per cent of Indonesia’s total coal production would be adequate for the country’s needs, said […]
Read MoreBOTH employment rates and pay were up for fresh polytechnic graduates in 2021, improving upon both 2020 and the pre-pandemic performance in 2019, according to the 2021 Polytechnic Graduate Employment Survey. The survey indicated that 91.4 per cent of fresh polytechnic graduates were hired within six months of graduation, which was an increase from 85.4 […]
Read MoreMANILA, Philippines — The difficulty of the economy in recovering from the pandemic and the worsening climate crisis are among the top risks the Philippines is facing in the near term. In the latest Global Risk Report of the Geneva-based World Economic Forum (WEF), climate risks dominated global concerns as economies enter the third year […]
Read MoreMany banks made a high profit in 2021 thanks to high lending interest rates. However, they have been warned of ‘making a rod for their own back’. Bank loans inaccessible to businesses According to the State Bank of Vietnam (SBV), the central bank has lowered interest rates three times, by 1.5-2 percentage point per annum […]
Read MoreIndex Creative Village Plc, an event organiser and marketing service company, expects the overall event industry to resume growth this year after two consecutive years of decline due to the pandemic. Kriengkrai Kanjanapokin, the company’s co-founder and chief executive, said Thailand’s event industry dropped from 14-15 billion baht in value in 2019 to 7 billion […]
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