As the freight services are on the decline, the freight rates that are reasonable at present, are likely to fall, said the Cambodian Logistics Association (CLA). But the future scenario that depends on various factors, like the growth of the economy and domestic and international transportation, cannot be assessed now, it added. “After the Cambodian […]
Read MoreThe Central Institute for Economic Management (CIEM) under the Ministry of Planning and Investment has sketched out two scenarios for the Vietnamese economy in 2023. Under the first, the national GDP will grow 6.47%, inflation 4.08%, and export 7.21%, and export-import revenue is projected at 5.64 billion USD, heard a workshop in Hanoi on January […]
Read MoreConsumer and business sentiment in December rose to the highest level in three years, driven by Thailand’s economic recovery and a surge in foreign tourist arrivals. The University of the Thai Chamber of Commerce (UTCC) reported yesterday the consumer confidence index increased for the seventh straight month in December, hitting a 25-month high, tallying 49.7, up […]
Read MoreCambodia’s Tourism Minister Thong Khon said on Wednesday that China’s optimization of its pandemic control policies will give new momentum to tourism growth in Cambodia and the rest of the world. “On behalf of the government and the Ministry of Tourism, I would like to welcome the return of Chinese tourists to Cambodia,” he told […]
Read MoreTour packages to Thailand for Chinese visitors surged in price by 20% because of few tours and high demand, according to the Tourism Authority of Thailand (TAT). Chuwit Sirivejkul, TAT regional director for marketing in East Asia, said with pent-up demand from the Chinese market, most tourists will opt for independent travel as the Chinese government […]
Read MoreAccording to the Lao Trade Portal, the country recorded a trade deficit of USD 23 million in December, which is considerably lower than the trade deficits of USD 45 million and USD 230 million reported in November and October, respectively. The overall value of trade hit USD 1,088 in December last year, including USD 532 million […]
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