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Thailand seeks safe way of reopening its borders

BANGKOK: Thailand is cautiously looking at plans to reopen its borders as it struggles to survive an extended period without international visitors, who account for about two-thirds of the country’s tourism income. “The virus won’t go away soon and we have to think about the economy. But we can’t just reopen the borders. We have […]

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Holidaymakers enjoying the beach at Sihanoukville in Cambodia last week. KT/Pann Rachana
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Cambodia: Internal travellers breathe fresh air into tourism

Internal travellers are giving the Kingdom’s tourism sector, devastated by COVID-19, a breath of fresh air, according to insiders. The Kingdom’s tourism attracted more than 1.4 million internal visitors, both locals and foreigners who are living here, during the week of Khmer New Year substitute days even though the country issued cautions over the pandemic, […]

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Malaysian ringgit to trade higher against US dollar

KUALA LUMPUR (BERNAMA) – The Malaysian ringgit is likely to trade between the 4.165 and 4.185 level, influenced by external factors, with the greenback general direction and oil prices expected to drive sentiment again, said an analyst. AxiCorp chief global market strategist Stephen Innes said the United States (US) dollar is unlikely to turn significantly […]

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Vietnam: EVFTA obligations can brew up coffee success

Bolstered by the growing demand in the EU, Vietnam’s coffee industry has a major opportunity to capture a bigger market share on the European continent. Tran Van Thinh, owner of a coffee store in Berlin, expects that he could buy Vietnam’s speciality coffee products. “The locals like Vietnamese coffee but we still buy products from […]

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Thai govt should use fiscal policy more to help economy

BANGKOK: Thailand’s fiscal policy should play a greater role to help the economy recover from the impact of the coronavirous pandemic, the central bank governor said on Friday, with the benchmark interest rate at a record low. The central bank will focus on assisting with debt restructuring, Veerathai Santiprabhob told reporters after the launch of […]

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