Money sent back by Cambodian migrant workers in 2020 is projected to decline to $1.4 billion because of COVID-19, according to a World Bank report. The report, called “Migration and Development Brief Phase II”, released on Thursday, shows formal remittances to East Asia and the Pacific region are projected to fall by 10.5 percent in […]
Read MoreWith well over a million users, China’s leading mobile-payments system, Alipay, posted $17.3 trillion in payment volume in China alone and $91.2 billion from abroad. Alipay generated $8.049 billion primarily from merchant-acceptance fees during its fiscal year ending June 2020. Because of this, Ant Group, Alipay’s parent company, is eyeing to raise some $34.5 billion […]
Read MoreAs the economic slowdown and political turmoil are likely to persist, tour operators have found more travellers looking for spiritual tour packages. Thanapol Cheewarattanaporn, president of the Association of Domestic Travel (ADT), said there has been a rise in demand for tour packages focusing on spiritual activities, including trips to famous temples to pray for […]
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Thailand
