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Growing trend of second home in Vietnam: Experts

The prefabricated house could soon develop into a new market segment with high potential in the local real estate market, especially in combination with the trend of investing in a second home. A second home not only meets the growing demand for leisure purposes but is also a long-term investment option preferred by many amid […]

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Philippines: Shipping costs may rise by up to 25%

MANILA, Philippines — Domestic shipping cost is expected to rise from 15 to 25 percent as fuel prices continue to soar, according to shipping associations. Philippine Liner Shipping Association (PLSA) president Mark Parco said during a House fuel ad hoc committee hearing yesterday that Brent crude has risen by over 50 percent from the January […]

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Asia-Pacific travel faces bumpy recovery: Booking.com

Travel in Asia-Pacific is trailing the rest of the world and should expect a bumpy recovery, a Booking.com executive said on Monday, as countries in the region have been slower to open borders than other destinations. With North Asian countries still largely restricting entry and Southeast Asian countries reopening cautiously, the region’s tourism recovery will […]

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Cambodia’s GDP projected at 5.6 percent in 2022, motivates government to push for full restoration of socio-economic activities

Cambodia’s economic growth is projected at 5.6 percent in 2022, reflecting national progress towards herd immunity against COVID-19, underpinned by vaccination rates that rank among the best globally and that have motivated the government to allow the full restoration of socio-economic activities. Prime Minister  Hun Sen has considered the COVID-19 vaccines as “economy”, driving the […]

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