Cambodia will need to develop new air transport markets and reduce its reliance on multi-country itineraries to resume growth and justify airport infrastructure investments, according to a recent study. Cambodia was one of the fastest-growing air transport markets in Southeast Asia pre-pandemic and has big ambitions for growth in the post-pandemic era, ADB SEAD’s ‘Landscape […]
Read MoreThailand’s future food industry is projected to grow 5% this year, driven by emerging trends and increasing demand for healthier and more environmentally friendly food options. According to Visit Limlurcha, president of the Thai Future Food Trade Association, there are ample opportunities for exports because of global trends, leading to significant changes in production, economies, lifestyle, […]
Read MoreHANOI: Vietnam’s manufacturing sector continues a declining path with economists and industry insiders saying weak demand is a major contributor, according to a report published by S&P Global. They said output and the number of new orders have decreased sharply with companies looking to cut jobs and reduce purchases. The report said the South-East Asian […]
Read MoreJAKARTA: Foreign arrivals to Indonesia in April were down 0.39% compared with the previous month due to slow demand during the Islamic fasting period, according to data from the statistics bureau. The South-East Asian country recorded 865,810 tourist arrivals in April versus a revised number in March of 869,243, data showed. In April last year, […]
Read MoreKUALA LUMPUR: The countrys inflation rate is expected to remain moderate this year based on the indication of economic data for the next few months, says Economy Minister Rafizi Ramli. The government is, therefore, optimistic that the country will be able to meet the inflation target of between 2.8% and 3.3% in 2023, he said. […]
Read MorePrime Minister Hun Sen minced no words on Saturday saying that Cambodia will not accept the new labour policy of Thailand supposedly brought forward by the Move Forward Party’s leader Pita Limjaroenrat. The Move Forward Party’s leader has purportedly threatened to expel Cambodian workers. In the recent election held in Thailand, the Move Forward Party’s […]
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