Thailand’s tourism minister has warned that local demand is expected to drastically slow amid a slumping economy if there is no proper plan to reopen to tourists next year. Local demand remains below 40% of last year’s figure despite an uptick in activity since the outbreak of the pandemic, said Phiphat Ratchakitprakarn, Tourism and Sports […]
Read More[HANOI] Fifteen Asia-Pacific nations are set to sign an enormous free trade deal at an online summit that started on Thursday, with the pact seen as a coup for China in extending its influence across the region. Once signed, the Regional Comprehensive Economic Partnership (RCEP) will be the world’s largest trade pact in terms of […]
Read MoreMANILA, Philippines — Foreign groups are closely looking at the Philippine mining industry as the government considers the sector as a major contributor to economic recovery. In a virtual forum Wednesday, the Philippine Mining and Exploration Association (PMEA) said international and local firms are now revisiting their prospects as the mineral industry has not been […]
Read MoreThe controversial acquisition of Tesco by CP Group could leave lasting damage on the economy, several trade commissioners have warned. The government’s competition watchdog approved the Group’s US$10.6-billion acquisition of the British supermarket’s Thai operations last week. The deal would see CP acquire 86.9% of Tesco’s Thai operations and 100% of the UK retailer’s Malaysian […]
Read MoreFor the first eight months of this year, there were in total 3,350 construction projects across Cambodia with an estimated investment capital of $5,081 million, according to the Socio-Economic Trends released by the Ministry of Economy and Finances Tuesday. If compared to the figures in the first eight months of 2019, the number of approved […]
Read MoreThe Ministry of Industry and Trade (MoIT) will promote domestic market consumption to contribute partly to enhancing socio-economic development. In the context that the COVID-19 pandemic is affecting export, investment and tourism activities, the domestic market continues to be a bright spot in the macro-economy for short and also long-term economic growth, according to the […]
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Thailand
