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Oil Price Hike Prompts Indonesia to Evaluate Refinery Projects

TEMPO.CO, Jakarta – The high price of oil in global markets serves as a momentum for the Indonesian government to evaluate domestic refinery projects. Moreover, state oil and gas company Pertamina has just adjusted the price of non-subsidized vehicle fuels and LPG. These steps were taken amidst the rupiah depreciation against the US dollar, creating risks of raising the import […]

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Vietnam leads H1 tourist arrivals in Cambodia

Vietnam sent the highest number of visitors to Cambodia in the first half of this year after its neighbor lifted all Covid restrictions, including pre-departure tests. There were 143,300 Vietnamese tourists visiting Cambodia during the January-June period, up more than 20 times year-on-year, according to statistics from the Cambodian Ministry of Tourism. The figure accounted […]

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Thailand: Domestic travel poised to pick up this month

Domestic passenger traffic is expected to pick up this month as airlines begin to increase flight frequencies in response to the loosening of travel restrictions, according to the Aeronautical Radio of Thailand (Aerothai) and the International Air Transport Association (Iata). Both organisations noted the pace of recovery is consistent with global trends. According to Aerothai […]

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Philippine F&B sector may expand 6% this year

MANILA, Philippines — The Philippine food and beverage (F&B) retail sector is projected to expand by six percent this year as the economy continues to reopen, according to the United States Department of Agriculture (USDA). In a report, the USDA’s Foreign Agricultural Service (FAS) said it expects a six percent sales growth in the Philippines’ […]

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