The number of international tourists next year might be lower than the Finance Ministry’s forecast because of the impact of the Omicron coronavirus variant, said Finance Minister Arkhom Termpittayapaisith. The ministry projects seven million foreign tourist arrivals next year, up from the forecast of 200,000 for this year. There were around 40 million tourist arrivals […]
Read More[KUALA LUMPUR] Malaysia’s state energy firm Petronas said on Tuesday that it anticipates recovery in oil demand from the impact of the coronavirus pandemic to remain fragile and uncertain in the next few years. The industry was optimistic about economic recovery but remained cautious and needed to be ready to face oil price volatility, Petronas […]
Read MoreASEAN members have high hopes that entry into the Regional Comprehensive Economic Partnership on January 1 will boost trade within its 10 nations and the other signatories, China, South Korea, Japan, Australia and New Zealand. At the same time Cambodia is hoping to reap the rewards of a free trade agreement (FTA) with China that […]
Read MoreVietnam’s strong macro-economic fundamentals mean the country continues to be an attractive destination for investors in the mid-and long term. Both international and domestic experts shared the view that the Government’s GDP growth target of 6-6.5% for 2022 is within reach but would require substantial efforts to address existing bottlenecks. Following the turbulent year of […]
Read MoreMANILA, Philippines — The prescribed ceiling on interest rates, charges and other fees for specific loan offering by lending firms, financing companies and online lending platforms is set to take effect on Jan. 3, 2022, according to Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno. Last Dec. 16, the Monetary Board issued Resolution 1717 approving […]
Read MoreEmerging-market assets are set to rise in 2022 as moderating inflation and accelerating growth trigger gains, but that won’t happen until the second half of the year. That’s the consensus among investors like Goldman Sachs Group Inc, Morgan Stanley and JPMorgan Chase & Co who spoke with Bloomberg on the outlook for developing-nation stocks, bonds […]
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Thailand
