Tourism revenue from the international market in 2024 will not be able to match the level recorded in 2019, as the target has been downgraded to 1.92 trillion baht from an earlier target of 2.29 trillion baht due to the impact of a “polycrisis”, according to the Tourism Authority of Thailand (TAT). However, the overall […]
Read MoreCambodia has pinned hopes on the Regional Comprehensive Economic Partnership (RCEP) agreement and bilateral Free Trade Agreements (FTAs) to boost its exports of garment, footwear and travel (GFT) goods. Cambodian Footwear Association president Ly Khun Thai said the Southeast Asian country has seen a significant rise in the exports of shoes to China and South […]
Read MoreSINGAPORE: Key exports fell at a steeper rate in June in Singapore, its ninth straight month of decline, data from Enterprise Singapore (EnterpriseSG) show. Non-oil domestic exports (Nodx) shrank 15.5% year-on-year (y-o-y) in June, following a revised 14.8% fall in May. The drop was slightly less than the 15.6% fall forecast by analysts in a […]
Read MoreJAKARTA: Indonesian Finance Minister Sri Mulyani Indrawati says she is optimistic about the 5% economic growth target set for this year despite the darkening global outlook, especially from China. “We are optimistic for 2023 because we see the figures in the first half,” Indrawati said on Sunday in an interview with Bloomberg Television’s Haslinda Amin […]
Read MoreKUALA LUMPUR: The special treatment accorded by the Strategic Investor Pass (SIP) for investors to enter Malaysia on a multiple-entry basis is expected to gain a positive re-rating of Malaysia’s attractiveness to foreign investors. Sunway University professor of economics Prof Yeah Kim Leng said that through this facilitation, the SIP would enhance the investors’ positive […]
Read MoreThailand’s employment rate is expected to remain flat in the second half of this year as the global economy has turned sluggish, the country’s tourism industry has yet to fully recover, and local politics remain uncertain, says the Employers’ Confederation of Thai Trade and Industry (EconThai). In the first quarter of this year, the number […]
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