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Bank of Thailand warns of tourism meltdown

Thailand’s tourism industry will face greater risks next year if the government continues to restrict foreign travellers from entering the country, says the Bank of Thailand. Foreign arrivals could be downgraded from a projection of 8 million this year and 16 million next year given the deflated tourism outlook, said Don Nakornthab, senior director of […]

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Vietnam’s construction market forecast to lure more foreign investors

More foreign participation is forecast in Vietnam’s construction market over the coming years, buoyed by the gradual opening up of the Vietnamese economy to foreign investors and the Government’s emphasis on infrastructure development. The information was included in a recent report by Fitch Solutions on the outlook for Vietnam’s construction and infrastructure sector. According to […]

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