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Mice returns to Asia after long absence

With demand for on-site Mice (meetings, incentives, conferences and exhibitions) activities bouncing back after the pandemic, Asian nations are dusting off exhibition venues and ramping up marketing plans to welcome international visitors once again. The response has been particularly vibrant in Northeast Asia, where South Korea’s Busan is bidding for the World Expo 2030, while the […]

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Vietnam: Layoffs could last until year-end: experts

In Q1/2023, over 149,000 workers were rendered jobless on the unfavorable economic situation, up 13 per cent quarter by quarter. HÀ NỘI — Layoffs could run until the end of 2023 as firms continue to trim their ranks in line with slumping global demand, experts said.  According to the Private Economic Development Research Board (Board […]

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Cambodia: Kingdom urged to develop new air transport markets

Cambodia will need to develop new air transport markets and reduce its reliance on multi-country itineraries to resume growth and justify airport infrastructure investments, according to a recent study. Cambodia was one of the fastest-growing air transport markets in Southeast Asia pre-pandemic and has big ambitions for growth in the post-pandemic era, ADB SEAD’s ‘Landscape […]

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Thailand: Food industry looks to the future

Thailand’s future food industry is projected to grow 5% this year, driven by emerging trends and increasing demand for healthier and more environmentally friendly food options. According to Visit Limlurcha, president of the Thai Future Food Trade Association, there are ample opportunities for exports because of global trends, leading to significant changes in production, economies, lifestyle, […]

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Vietnam’s manufacturing sector faces declining path

HANOI: Vietnam’s manufacturing sector continues a declining path with economists and industry insiders saying weak demand is a major contributor, according to a report published by S&P Global. They said output and the number of new orders have decreased sharply with companies looking to cut jobs and reduce purchases. The report said the South-East Asian […]

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Indonesia: April tourist arrivals down 0.4%

JAKARTA: Foreign arrivals to Indonesia in April were down 0.39% compared with the previous month due to slow demand during the Islamic fasting period, according to data from the statistics bureau. The South-East Asian country recorded 865,810 tourist arrivals in April versus a revised number in March of 869,243, data showed. In April last year, […]

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