SINGAPORE hotels’ average room rate (ARR) and revenue per available room (RevPAR) inched up in April after March’s dip, even as overall room revenue – which had reached a four-month high in March – and average occupancy rate slipped slightly. ARR gained 3.3 per cent in April to S$273.18, from March’s revised S$264.55, Singapore Tourism […]
Read MoreMANILA, Philippines — The country’s outstanding debt is closing in on the P14-trillion level, putting more pressure on the Maharlika Investment Fund (MIF) to finance major infrastructure projects and eventually trim government obligations. Latest data from the Bureau of the Treasury showed the national debt reached a fresh record high of P13.91 trillion in end-April, […]
Read MoreTotal revenue from retail sales of consumer goods and services was estimated at VNĐ519 trillion (US$22.09 billion) last month. HÀ NỘI — Total retail sales of consumer goods and services in the first five months of this year was estimated at VNĐ2.52 quadrillion ($107.2 billion), a year-on-year rise of 12.6 per cent, the highest recorded […]
Read MoreVIENTIANE: With the tourism sector in Laos gradually recovering, the Lao government expects that China’s resumption of outbound group tours will be a strong boost to the Southeast Asian country’s tourism industry. Laos has seen a boom in tourism in the first three months of 2023 as more than 831,000 foreign tourists visited the country, in […]
Read MoreThe Online Business Registration System (Single Portal) under the Ministry of Economy and Finance added new features to improve the user experience and make it easier for businesses to register. Three functions have been added to the single platform which was launched in June 2020, according to a press release. The updated Single Portal will […]
Read MoreRETAIL jobs will have to adapt to technological change and shifting consumer demands, among other trends identified by a new manpower roadmap – and retailers can seek help for this transformation from the new Jobs-Skills Integrator for the sector. Covid-19 accelerated the digitalisation of retailers, and those who “do not move with the times” will […]
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Thailand
