This year’s Chinese New Year festival is only expected to lure some 527,900 tourists and generate just 1.93 billion baht owing to fears over Omicron as well as the rising cost of living and household debt, Tourism Authority of Thailand (TAT) governor Yuthasak Supasorn said on Saturday. He said once again, Bangkok’s Chinatown is not […]
Read MoreMANILA, Philippines — The Philippines is expected to enjoy a continued growth spurt in the next decade with economic output hitting $1 trillion by 2033, buoyed largely by expanding private consumption, according to market intelligence firm IHS Markit. In a report, IHS Markit Asia-Pacific chief economist Rajiv Biswas said the Philippines may experience rapid economic […]
Read MoreVietnam’s consumer price index (CPI) in January edged up by 0.19% month-on-month, fueled by high consumer demand for the upcoming Lunar New Year or Tet, according to the General Statistics Office. In addition, the prices of goods, food and foodstuffs went up during the final lunar month to prepare for the Tet holiday and domestic […]
Read MoreRural women need to build their confidence, as many don’t see themselves as entrepreneurs when they start their own businesses Women business leaders in Asia say among the best ways to help rural women become entrepreneurs are the ability to listen and adapt to their needs and an awareness of the barriers they face in […]
Read MoreThe Fiscal Policy Office (FPO) has maintained its average forecast for Thai economic growth this year at 4%, mainly as a result of recovering domestic consumption and the tourism sector, says the office’s director-general Pornchai Thiraveja. The FPO predicted economic growth this year within a range of 3.5-4.5%, he said on Friday. The office upgraded […]
Read MoreWaiting for a perfect solution in a time of difficulty may cause the country to miss opportunities for growth, Prime Minister Pham Minh Chinh has said. Vietnam with a high vaccination rate and experience from the past outbreaks is confident to reopen the economy. “During a difficult phase, there would be no perfect solution but […]
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