Tax revenue from Cambodia’s casino industry cratered in 2020 as Covid-19 prompted the government to tighten entry restrictions, limiting the number of international visitors to the Kingdom, according to a Ministry of Economy and Finance senior official on March 21. The ministry’s deputy director for financial industry Ros Phearun told The Post that tax collected […]
Read MorePETALING JAYA: With the rollout of government blueprints and economic plans underway, economists say such initiatives should be closely monitored and properly executed to ensure the country’s sustainability. They suggested that a reasonable timeframe be given for the implementation to attain the desired goals. According to AmBank Group chief economist Anthony Dass (pic, below) , […]
Read MoreThe pandemic hit the tourism industry the hardest, which is expected to take several years to fully recover. Yet some folks are looking at this period as an opportunity to accelerate the move towards sustainability. The recent “Top Countries for Sustainable Tourism” report from market researcher Euromonitor International found 66.4% of consumers globally want to […]
Read MoreMANILA, Philippines — The country’s risks from debt exposure are minimized even as the share of debt to gross domestic product (GDP) rose to a 14-year high in 2020, according to the Department of Finance (DOF). In an economic bulletin released over the weekend, Finance Undersecretary Gil Beltran said the low interest rate regime helped […]
Read MoreThe Vietnamese authorities require the shipping companies to provide relevant documents on listed prices, The Vietnam Maritime Administration will launch an investigation of 12 shipping lines for freight fees, charges and surcharges, and issues related to ocean container shipping services. The shipping companies are subject to the investigation include: Denmark-based Maersk, Switzerland’s Mediterranean Shipping Company […]
Read MoreWhile tourism operators hope the Songkran festival will boost domestic travel, the business community on Khao San Road expects to lose money after health authorities banned a variety of the celebration’s customary activities. The government has designated April 12 as a special holiday, making the Songkran festival an extended long holiday from April 10 to […]
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Thailand
