MANILA, Philippines — The share of national debt to the country’s output has jumped to 63.7 percent, the highest rate in 17 years, putting extra pressure on the need for more robust economic growth to help shrink ballooning obligations amid higher commodity prices and interest rates. Data from the Bureau of the Treasury showed that […]
Read MoreAccording to the Telegraph, although only 7% of the country’s population has a passport, Chinese tourists made 150 million trips abroad in 2018 and 154 million trips in 2019. However, many flights have not been sold and a lot of money has not been spent since the Covid-19 pandemic because of the dearth of Chinese […]
Read MoreThe Thai Travel Agents Association (TTAA) is anticipating growth of the outbound tourism market after Hong Kong became the latest destination to allow tour groups to visit with fewer restrictions. The TTAA predicted pent-up demand from Thai tourists will lead to more travel through the first quarter of next year. The Hong Kong government is allowing […]
Read MoreMinisters from different ministries on Wednesday signed 18 agreements, memorandums of understanding and other official documents with Chinese counterparts during a ceremony attended by Prime Minister Hun Sen and Chinese Premier Li Keqiang at the Peace Palace in Phnom Penh. The documents signed include two concessional loan agreements for the development of physical infrastructures such […]
Read MoreThai consumer confidence rose for a fifth straight month in October, reaching a 10-month high, bolstered by improved economic activity following the easing of Covid-19 curbs, a survey showed on Thursday. The consumer index of the University of the Thai Chamber of Commerce rose to 46.1 in October from 44.6 in the previous month. The Federation […]
Read MoreSINGAPORE: Households can expect support from the Government when the carbon tax is increased from 2024, with help targeted at those affected by rising prices. The help is not meant to just cushion all households from the impact, but also to incentivise Singaporeans to do their part and reduce energy usage, said Minister for Sustainability and […]
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