The Travel Confidence Index released on June 22 by Booking.com shows that Vietnam has emerged as the second most confident in Asia-Pacific for traveling, with 85% of local travelers stating they intend to travel in the next 12 months. First place in the index went to India with 86%, whilst second position was awarded to […]
Read MoreThe “Lasting Laos” campaign and the SUSTOUR Laos Project are working with local businesses to encourage sustainable tourism and help the Lao economy recover from the financial setbacks of the Covid pandemic. Today’s travelers look for more than just comfort and value: many now seek to improve their carbon footprints by making more sustainable travel, […]
Read MoreTEMPO.CO, Jakarta – The World Bank saw the possibility that Indonesia’s economic growth rate could slow down to 4.6 percent this year, affected by unstable global conditions. For 2023, the World Bank predicts Indonesia’s growth could be stuck at a level of 4.7 percent. “The global economic environment could create a downward pressure in that projection,” the World […]
Read MoreMANILA, Philippines — Moody’s Analytics hiked the gross domestic product (GDP) growth estimate for the Philippines to above seven percent from 6.1 percent for this year after a stronger-than-expected expansion in the first quarter. The research arm of the Moody’s Group said that economies in the region continue to show resilience in the face of […]
Read MoreThe price for Cambodia’s rice export continues to rise due to prolonged global food insecurity driven mainly by on-going Russia-Ukraine conflict. Hun Lak, Chairman of the Board of Directors of Cambodia Rice Federation, when revealing this said that that the price hike will drag on as some wheat producing countries stop exporting to secure domestic […]
Read MoreThe Bank of Thailand (BoT) should urgently hike interest rate to prevent a further spike in inflation and ease the burden on low-income groups already reeling from the rising cost of living, according to Korn Chatikavanij, a former finance minister. The BoT should convene an emergency meeting of its Monetary Policy Committee to lift its […]
Read More
Thailand
