Businesses in tourist hotspots are more hopeful of a boost in trade this year as temples are closed during Pchum Ben, meaning more tourism for other destinations including Kampot and Phnom Penh. It’s that time of year again where many Cambodians and expats alike celebrate the public holiday, literally Ancestors’ Day, but how will this […]
Read MoreThis October, many provinces and cities, especially Ho Chi Minh City, plan to gradually loosen social distancing. How will the stock market affect the cash flow in the near future? In the first three quarters of this year, Vietnam’s stock market increased sharply with the participation of many domestic investors, especially new investors (also known […]
Read MoreMANILA, Philippines (Update 1, 11:14 a.m.) — Fresh restrictions imposed in August to curb the spread of hyper-contagious Delta variant threw more people into unemployment during the month. There were 3.88 million people who were either unemployed or out of business in the Philippines in August, up from 3.07 million in July, results of a survey of […]
Read MoreThe International Monetary Fund says Cambodia’s gross domestic product (GDP) will grow 2.2 percent this year, down from a previous forecast of 4.2 percent annual growth. GDP was minus 3.1 percent last year after average annual growth of 7 percent in previous years. “Although activity showed signs of picking up toward the end of 2020, […]
Read MoreTourism operators in flood-hit provinces are urging the government to help resolve the flooding before the domestic subsidy campaigns start next month. Wiwat Tharawiwat, president of the Thai Hotels Association’s lower northern chapter, said prior to the flooding, the occupancy rate for 150 hotels in Sukhothai was in the single digits because of travel restrictions […]
Read MoreKUALA LUMPUR, Sept 30 — Malaysia’s economy is expected to rebound in 2022, in line with the expected recovery in the global economy throughout the second half of 2021 and into next year, particularly as more countries step up their vaccination efforts. In the second Fiscal Policy Committee (FPC) meeting, the Ministry of Finance (MOF) […]
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Thailand
