CHON BURI: The tourism industry in Pattaya is showing signs of recovery as more tourists are slated to return following the lifting of Covid-19 restrictions. Thanet Supornsahasrangsi, president of the Tourism Council of Chonburi, said that Pattaya has seen a 60–70% room occupancy rate for New Year’s Eve, an increase compared to the rate of 30-40% […]
Read MoreMANILA, Philippines — The Philippines remains attractive to Japanese investors, as companies engaged in the renewable energy and electronics industries have expressed interest in the country’s ecozones, according to the Philippine Economic Zone Authority (PEZA). In a Laging Handa public briefing yesterday, PEZA officer-in-charge director general Tereso Panga said Japanese investors expressed interest in the […]
Read MoreAlthough their business performance has remained impressive, bank stock prices have plummeted on the stock market. The stock market has turned bearish and the banking system has been struggling with unfavorable market conditions. Impressive profit growth The Q3 earnings season is almost over, with banks being among the sectors whose business results have remained positive. […]
Read MoreIt really is more fun in the Philippines. We complain a lot about our politicians, but we keep voting for them. Then things start falling apart, but not to worry… our leaders say we are resilient and we are survivors. Lately, we have started to notice that it is also getting to be more expensive […]
Read MoreThe cabinet on Tuesday agreed to a fifth extension of the excise tax cut on standard diesel, until Jan 20. Finance Minister Arkhom Termpittayapaisith said the weekly cabinet meeting approved continuing the excise tax cut of five baht per litre for two months from Nov 21. The tax reduction will mean another 20 billion baht […]
Read MoreMANILA, Philippines — Money sent home by Filipinos overseas inched up in September as they rushed to support their families weathering the impact of expensive consumer prices. Remittances coursed through banks inched up 3.8% year-on-year to $2.84 billion in September, the Bangko Sentral ng Pilipinas reported Tuesday. This, however, was slower than 4.3% recorded in […]
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