The government’s latest bid to attract affluent foreigners involves offering the ability to purchase land for residential use in the country. While this proposal is intended to reinvigorate the economy, many analysts are urging caution. What does the proposal regarding foreign land ownership in Thailand entail? Government spokesman Thanakorn Wangboonkongchana recently announced the Land Department […]
Read MoreKUALA LUMPUR: Malaysia’s ability to increase its level of indebtedness is limited, compared to developed nations, with much lower debt service ratios. This was announced by Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz, who added that the country’s ratio of debt service payments to revenue reached 16.3% in 2021 and based on Budget 2022, […]
Read MoreHanoi needs a complex or a logistics center to handle the collection and delivery of goods in the metropolitan area. If Hanoi wants to become a major logistics hub of the country and Southeast Asia, it is necessary for the city to complete the logistics infrastructure system, including the last-mile delivery, according to local experts. Under the latest plan […]
Read MoreWHILE Asia Pacific economies have less exposure to commodity-disruption brought about by the Russia-Ukraine military conflict, pockets of the region are highly vulnerable to food inflation, which could heighten social risks and trade protectionism, said Moody’s Investors Service in a note on Jul 19. In particular, the Philippines, India, Thailand and Vietnam have high energy […]
Read MoreMANILA, Philippines — As the Philippine peso hovers within 17-year lows, money sent home by Filipinos abroad are getting a boost. Ideally, the gains should translate to stronger purchasing power for the families of these expats, but not for Melissa Tresvalles, a 31-year-old overseas Filipino worker in Saudi Arabia. “Despite the bigger value of my […]
Read MoreIn the first half of 2022, Cambodia exported 2.3 million tons of cassava products, an increase of about 40 percent compared to the same period last year. This is according to a report from the General Department of Agriculture of the Ministry of Agriculture, released today. According to the report, the sector also saw an […]
Read More
Thailand
