Tourism operators are losing hope in both the New Year and Chinese New Year holidays as the Public Health Ministry forecasts a worst-case scenario of over 30,000 Omicron infections per day in the first quarter. “Whatever decision the government has to make to battle the new outbreak, we don’t have a choice but must strictly […]
Read MoreThe Covid-19 situation has been a significant influence on New Year shopping with more than three in four Thais (77%) saying it has affected their intention to buy holiday season gifts, according to Marketbuzzz, a local mobile marketing and market research specialist. Nevertheless, retailers can still expect a busy time with Thai consumers still out […]
Read MoreThe government is planning a fiscal 2023 budget worth 3.185 trillion baht, with a deficit of 695 billion baht for the fiscal year, which starts next October. According to Chalermphol Pensoot, director of the Budget Bureau, the budget was approved at yesterday’s meeting between Prime Minister Prayut Chan-o-cha and four economic agencies. The planned deficit […]
Read MoreVietnam Airlines is planning to resume regular international flights linking Vietnam with 15 countries and territories in the first half of 2022. The resumption will be carried out in two phases and depend on relevant agencies’ approval. In the first phase, scheduled to begin on January 1 next year and last for about two weeks, […]
Read MoreThe Chinese-invested Sihanoukville Special Economic Zone (SSEZ) has brought tangible benefits to local residents in Cambodia’s coastal city of Sihanoukville. HOdo Group, one of China’s largest apparel manufacturers, based in east China’s city Wuxi, has been working with Cambodia since 2018 to build the special economic zone in Sihanoukville. According to the company, the SSEZ […]
Read MoreBrunei Darussalam Central Bank (BDCB) said the domestic economy contracted by 1.5 per cent year-on-year in the first half of 2021. In its second policy statement published yesterday, BDCB also said this is largely driven by the contraction in the oil and gas sector. In line with the global inflation forecast which is expected to […]
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