The subsidy scheme for domestic tourists might be reduced to 500,000 rooms from 1.5 million after the cabinet this week cut the proposed budget of 8.7 billion baht by half, according to the Tourism Authority of Thailand (TAT). TAT governor Yuthasak Supasorn said the majority of the revised budget worth 4 billion baht will be allocated […]
Read MoreVietnam is in 47th place among 60 labor markets worldwide in terms of the workforce index while ranking lowest among 11 nations in the Asia-Pacific region, according to ManpowerGroup’s total workforce index 2022 global analysis. The Top 10 global labor markets in 2022 comprise the United States, Singapore, Canada, Ireland, Australia, England, Israel, the Philippines, […]
Read MoreMANILA, Philippines — Approved investments by the Board of Investments (BOI) rose by 11 percent to P729 billion this year, driven by investments in the power sector. “The 2022 BOI Approval levels clearly indicate that despite the lingering effects of the pandemic, especially in the first half of the year, coupled with global decline in […]
Read MoreCambodia will expand its garment, footwear and travel goods (GFT) export market to more countries in its bid to remain competitive in the industry, especially in the wake of challenges from the European Union (EU) market, under a new policy directive for the sector. The country’s GFT Development Strategy 2022-2027, discussed recently during the launch […]
Read MoreThailand, the world’s biggest rice exporter after India, is on track to ship the highest volume in four years as importing countries boost purchases to replenish stockpiles and keep a lid on food inflation. Exports will probably climb to 8 million tonnes this year as a weak currency boosts competitiveness and countries such as China look […]
Read MoreCambodia’s economy is on a recovery track from the pandemic crisis thanks to the government’s efforts and stimulus measures, according to the mid-term implementation of the National Strategic Development Plan (NSDP) 2019-2023. The Ministry of Planning officially published the report of the mid-term implementation of the National Strategic Development Plan 2019-2023 in a dissemination workshop […]
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