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Malaysia: Finance Ministry hopes economic recovery momentum can be maintained

PETALING JAYA: The Finance Ministry hopes the momentum of economic recovery would be maintained through Budget 2021, which will be announced on Nov 6. Its minister, Tengku Datuk Seri Zafrul Abdul Aziz, said the economy was seeing improvements from various perspectives and indicators, including lower unemployment rates, rising retail and wholesale index, increased foreign direct […]

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Thailand: Fitch warns of steep path without tourists

Thailand’s economy will face a daunting recovery trajectory if tourism does not improve, as economic growth is tied directly and indirectly to foreign tourist arrivals, says Fitch Ratings. “I think it is very hard to see Thailand mounting an aggressive recovery in [economic] growth in the absence of some kind of improvement in the tourism sector,” […]

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Thailand: TCEB lines up future Mice arrivals next year

The Thailand Convention and Exhibition Bureau (TCEB) plans to steady the Mice (meetings, incentives, conventions and exhibitions) industry for future visits from the international market as it awaits the government loosening travel restrictions. TCEB president Chiruit Isarangkun Na Ayuthaya said about 360 companies from China expressed their intent to bring meeting and incentive groups to […]

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