MANILA, Philippines — After Congress ratified the bicameral version of the bill amending the Public Service Act on Wednesday, some analysts expect this legislation to steer the economy on a “positive” track, but stressed the need for stringent regulations. Why it matters If signed into law by President Rodrigo Duterte, the current version of the measure would open industries once […]
Read MoreCambodia’s tourism industry is projected to rebound in 2022 after a two-year significant fall due to the COVID-19 pandemic, a tourism official said on Tuesday. The kingdom received 1.3 million international tourists in 2020, down 80 percent from 2019, and the number had further declined by another 85 percent to 196,495 in 2021, a Ministry […]
Read MoreThe Vietnamese Government has made great efforts to recover the country’s economic growth, with key tasks as defined in Resolution No.02/ND-CP. The Vietnamese Government has made great efforts to recover the country’s economic growth, with key tasks as defined in Resolution No.02/ND-CP to enhance national competitiveness and create a larger space for businesses to flourish […]
Read MoreA move by the Bank of Thailand (BOT), the Securities and Exchange Commission (SEC) and the Finance Ministry to ban the use of cryptocurrencies for purchasing products and services is aimed at preventing negative impacts on financial stability and the economy. The action comes as digital asset business operators have begun to facilitate retailers and […]
Read MoreThe Tourism and Sports Ministry plans to continue travel bubble discussions with short-haul destinations following this week’s resumption of the Test & Go scheme. The Tourism Council of Thailand (TCT) is calling for a more relaxed RT-PCR testing regime to bring back at least 5 million tourists this year. The country wants to continue travel […]
Read MoreHundreds of thousands of laborers from Laos and Cambodia have begun returning to Thailand as the country opens its doors to migrant workers. Thailand requires around 800,000 migrant workers to urgently fill positions in the manufacturing, tourism, and service sectors, according to the Federation of Thai Industries. Vientiane Times reports that according to Laos’ Ministry of Labor and […]
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