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Cambodia: Hospitality industry shows signs of despair

The Cambodia Hotel Association (CHA) president claims that the hotel industry is seeking far and wide to secure financial assistance because of the Coronavirus pandemic, which hit hard the entire tourism sector. Clais Chenda president of CHA told Khmer Times that COVID-19 has severely affected the hotel industry, the tourism sector’s biggest investment. Chenda, who also runs […]

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Thailand: MPI dips to lowest since 2011

Thailand’s manufacturing production index (MPI) in April stood at 79.04, the lowest level since November 2011. The drop came mainly from the lockdown and curfew, the drought, private sector wariness of the Covid-19 pandemic continuing and weak confidence in the economy. Ittichai Yotsri, deputy director-general of the Office of Industrial Economics (OIE), said the global and […]

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Malaysia in good position to benefit from Japan’s economic stimulus package, says ambassador

KUALA LUMPUR, May 28 — Asean member states, particularly Malaysia, will be in good position to reap benefits from Japan’s economic stimulus package due to its close proximity to Japan economically and historically, besides having extensive Japanese business network, said Japan’s Ambassador to Malaysia Hiroshi Oka. Oka said Malaysia — being a politically stable country, […]

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