Tourism has yet to recover from the pandemic-induced slump, with foreign tourist arrivals and hotel occupancy rate remaining below normal levels, Statistics Indonesia (BPS) data have shown. Foreign tourist arrivals picked up slightly to 158,200 in October, an increase of 4.57 percent month-to-month (mtm) from September, according to BPS. However, it was still down 88.25 percent […]
Read MoreThe Hanoitimes – Vietnamese exporters might find it easy to meet the required rules of origin for their products as a significant portion of its production input is sourced from China and South Korea. One of the most important benefits from the Regional Comprehensive Economic Partnership (RCEP) for Vietnam over existing free trade agreements (FTAs) is […]
Read MoreMANILA, Philippines (UPDATE 1:06 p.m., Dec. 3) — Fewer Filipinos went jobless and out of business in October, but this was largely a result of more people stopping job search for various reasons including going back to school or their old jobs getting killed by the ongoing digital shift. The jobless rate, which is the proportion of unemployed […]
Read MoreEven if Covid-19 vaccines become widespread, business travel is likely to be changed by the pandemic. Travel budgets have been slashed and some meetings will remain virtual; conferences and conventions may be crimped. But by how much? It matters not only to airlines and their employees but also their customers — travelers. That’s because higher […]
Read MoreKUALA LUMPUR: MIDF Research is maintaining its forecast for Malaysia’s gross domestic product (GDP) performance at -4.8% in 2020. In a note yesterday, the research house said the economy was set to continue improving, based on current developments and indicators. “However, we expect it to be on a gradual term as the sentiments are still […]
Read MoreDespite Covid-19, the forestry obtained total export turnover of $13 billion worth of timber and wooden exports this year. Nguyen Quoc Tri, director general of the Vietnam Administration of Forestry, revealed at events held on the 75th anniversary of the forestry sector that the sector has been growing rapidly in recent years, topping the top […]
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Thailand
