The Tourism Authority of Thailand will ask the Centre for Covid-19 Situation Administration (CCSA) to consider waving visa fees until the year-end to promote arrivals and increased spending by foreign tourists. TAT governor Yuthasak Supasorn said the proposal would be raised at the next CCSA meeting, which has not been scheduled yet. Yuthasak said the […]
Read MoreThe Bank of Thailand (BoT) will hold a media briefing on the policy interest rate and the baht on Friday at 10.30am, as the local currency trades at its weakest level in more than six years against the United States dollar. The event is not an urgent policy rate meeting, and the Bank of Thailand’s […]
Read MoreKEY POINTS Malaysia is in an “enviable” position because fuel subsidies have shielded households from higher oil prices, according to an economist. “Even though we’re seeing this acceleration in inflation, and we’re going to see higher inflation going forward, particularly into the second half … households have in some way been shielded because of these […]
Read MoreAccording to the most recent data from the Lao Trade Portal website, the overall value of trade in June was 1 billion US dollars, with 456 million US dollars in exports and 589 million US dollars in imports. The major exports for April included gold, gold bars, paper and paper products, copper ore, wood pulp, waste paper, […]
Read MoreVietnam saw an 11-year-high growth rate of 7.7% y-o-y in Q2/2022, largely reaping the benefits of re-opening tailwinds. HSBC has revised up Vietnam’s GDP growth forecast to 6.9% from the previous 6.6%, making it among the top performers in the region. After two-quarters of sustainable re-openings, Vietnam’s recovery continues to be strong. The country’s second-quarter […]
Read MoreCambodia has launched a “My 2nd Home” programme to encourage foreign investment in the country. The programme features a 10 year long “Golden Visa” with unlimited entry and exit and other benefits. But how does it compare with Thailand’s 10 year Long Term Resident visa? Applicants for the “My 2nd Home” Golden Visa must be […]
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