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TAT aims to rekindle East Asian market

As many destinations relax travel requirements to welcome a new flow of tourists after two years of battling the Covid-19 pandemic, some East Asian nations remain vigilant with strict Covid-19 arrival rules. To keep Thailand a top destination for East Asian visitors and prepare for further loosening of travel restrictions, the Tourism Authority of Thailand […]

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Government of Laos Agrees to Raise Minimum Wage

The Government of Laos has agreed to a minimum wage increase amid a rising cost of living and rampant inflation. The decision was reached among other items during a cabinet meeting held in late April in Vientiane Capital, chaired by Prime Minister Phankham Viphavanh. Discussions on raising the minimum wage were held in March this year, […]

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Cambodia: China remains top in Kingdom’s FDI last year

China’s foreign direct investment was on the rise in Cambodia last year despite Covid-19, showing positive confidence of investors in Cambodia as the country fully resumed its socio-economic activities, particularly the bilateral trade pact. The Council for the Development of Cambodia registered new private investment worth $4,357 million last year, a year-on-year decrease of 47 […]

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ADB sees continuing struggle for Philippine tourism sector

MANILA, Philippines — The tourism industry in the Philippines and some Asia-Pacific economies will still have a hard time recovering, even as restrictions are eased and borders opened. In its recent blog, Manila-based Asian Development Bank (ADB) said reopening does not really guarantee the same recovery across countries in the region, especially as policies vary […]

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