HONG KONG: Hotels in Asia-Pacific are likely to receive investment of more than US$9 billion this year, a 30% increase from 2021, as countries begin to ease their Covid-19 restrictions and some confidence returns to the hospitality sector, according to JLL. The higher investment in the segment is just one of the themes likely to […]
Read MoreThe World Bank is maintaining a bleak outlook for Myanmar in the wake of last year’s military coup and the ongoing pandemic, according to its latest Myanmar Economic Monitor, released on Wednesday. The international lender estimates that Myanmar’s economy shrank 18% in the fiscal year through last September, and projects just 1% growth in the […]
Read MoreOverview The usage of online delivery has been accelerated by the social distancing resulted from Covid-19. Consumers became digitalized in terms of how they get the foods during pandemic. This report will show the trend of the food and drink delivery service as well as the popularity of delivery apps in Vietnam. There was a […]
Read MoreCommerce Minister Jurin Laksanawisit has pledged to tackle high palm oil prices this week after cooking oil prices jumped to nearly 70 baht per bottle from 56-60 baht at the end of last year. Speaking after chairing a war room yesterday to supervise ongoing increases in essential consumer goods prices including cooking palm oil, Mr […]
Read MoreMANILA, Philippines — Wholesale prices of building materials in Metro Manila surged in November as the easing of the alert level system prompted more construction activities, the Philippine Statistics Authority (PSA) said. The latest Construction Materials Wholesale Price Index (CMWPI), which is used as a reference in the costing of government projects, swelled 5.4 percent […]
Read MoreCambodia’s economy will probably grow 5.2 percent this year, according to the ASEAN+3 Macroeconomic Research Office. AMRO cut its October forecast of 6.6 percent for 2022 gross domestic product (GDP) but raised its estimate for 2021 by one percentage point to 2.9 percent after one of the region’s fastest vaccination campaigns allowed the country to […]
Read More
Thailand
