As many as 160,035 automobiles were imported to Vietnam last year, up 52.1 percent annually, mostly from Thailand, Indonesia and China, reported the General Department of Vietnam Customs. Its preliminary data showed that the December figure was 15,196 worth 433 million USD compared to 15,356 units worth 340 million USD in November. Among them, those […]
Read MoreThe Association of Thai Travel Agents (Atta) says international arrivals may exceed 5 million this year if the government starts travel bubbles with Asian partners as the Test & Go scheme alone is not enough of an enticement for those who face quarantine upon their return. Thailand should also prepare for the Saudi Arabian market […]
Read MoreRESTAURATEURS say business is improving slowly with government support and the end of Coronavirus restrictions, helped by a large side-order of innovation on the part of their chefs. They say international travellers will also return to their tables as neighbouring countries relax border restrictions since the Omicron variant appears to be less severe than Delta. […]
Read MoreMalaysia’s exports in December rose 29.2% from a year earlier, above forecast, government data showed on Friday. December’s exports were expected to rise 24.6%, according to 15 economists surveyed in a Reuters poll. Imports in December grew 23.6% from a year earlier, the data showed. Analysts were expecting a 27.3% rise, according to 15 economists […]
Read MoreMANILA, Philippines — The Philippine economy grew by 5.6 percent in 2021, beating market expectations, as consumption was fueled by revenge spending in the fourth quarter, prompting the government to maintain a return to pre-pandemic levels this year. The economy, as measured by gross domestic product (GDP) or the final goods and services produced in […]
Read MoreThe ongoing pandemic will continue to hamstring the property market this year, keeping it reliant on local demand as foreign travel remains sluggish, according to property consultant CBRE Thailand. Managing director Roongrat Veeraparkkaroon said the recovery of the Thai economy last year was gradual, despite global economic growth, because the country’s GDP is heavily reliant […]
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