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Thailand: Airlines told not to be too greedy

PHUKET: The Provincial Public-Private Joint Economic Development Committee in Phuket has warned airlines not to sell overpriced tickets to tourists who wish to travel to the resort island, especially during long holidays. The committee said on Saturday it will try to intervene in response to tourist complaints about rising fares, despite finding evidence the fares are […]

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Philippines: BSP seeks to reduce fees on fund transfers

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is urging banks and financial institutions to reduce or eliminate fees for electronic fund transfer to boost the government’s efforts to transform the Philippines into a cash-lite from a cash-heavy economy. During the Annual Reception for the Banking Community Friday, BSP Governor Felipe Medalla said the […]

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Vietnam’s real estate market to recover by Q3: experts

With the Government’s drastic measures to address problems related to legal bottlenecks, lack of capital access, and challenges in corporate bonds, the real estate market is expected to recover from the third quarter, experts have said. Experts have also called for continuing market restructuring by diversifying products, especially affordable housing, and addressing the mismatch between […]

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