Domestic travel sentiment remains weak amid a five-digit surge in daily cases and higher commodity prices, despite incentives like the We Travel Together hotel subsidy scheme and local events aimed at generating more trips. “Bookings from the fourth phase of the stimulus haven’t yet picked up as strong as hoteliers expected due to Omicron concerns,” […]
Read MoreDespite facing challenges over raw material supplies, strict crossing border measures imposed by the deadly Covid-19, Cambodia’s garment sector saw the robust growth of export last year. Figures from the General Department of Customs and Excise, released last week showed that the export amount of the garment, footwear and travel goods increased by 15.2 percent […]
Read MoreThailand’s falling birth rate is poised to wreak havoc on the economy and society, with experts saying the trend will see the country’s workforce shrink and more senior citizens adding to the burden of their relatives. Deputy Public Health Minister Sathit Pitutecha said the declining rate is threatening to unleash a host of problems, especially considering […]
Read MoreMANILA, Philippines — Moving up the ladder toward an upper-middle income country status by end-2022 may be an empty achievement as the economy remains fragile and the labor market has yet to recover. Research and advocacy group IBON Foundation said the government’s target to upgrade to an upper-middle income country by the end of the […]
Read MoreA report on the competitiveness of the Vietnamese automotive industry released in late 2021 shows that in the 2017-2019 period, the top manufacturers of cars with less than 9 seats were foreign brands. In 2017, Toyota Vietnam was the market leader with 31.2% market share; followed by Truong Hai Company with Kia, Mazda, and Peugeot […]
Read MoreBANGKOK, Feb 14 — The Thai government is planning to reopen Thailand-Malaysia border in March to boost tourist arrivals, as Malaysian tourists have been the largest group of visitors to Thailand before the Covid-19 pandemic. The Centre for Covid-19 Situation Administration (CCSA) and Tourism Emergency Operation Centre (EOC) has been ordered to prepare and outline […]
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