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Thailand: Unlicensed hotels in line for stimulus

The cabinet on Tuesday gave the go-ahead for unlicensed hotels to join the We Travel Together tourism stimulus campaign and for expanded subsidies on services or goods bought by travellers during four working days (Monday-Thursday). The move is to increase supply and give tourists more choices, said Prime Minister Prayut Chan-o-cha. Under the cabinet’s decision, […]

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Cambodia’s economy – Rapid development and COVID-19

Cambodia is set to develop within a rapidly changing global landscape that offers both new challenges and new opportunities. Set at the intersection between domestic development and global change, will Cambodia in 2040 be a middle-income state with growing prosperity or will it have stagnated at its current, lower-middle-income level, or dropped back to the […]

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Philippines: Initial P250 billion raised from RTB

MANILA, Philippines — Investors swarmed the government’s ongoing Retail Treasury Bond (RTB) sale as the total amount of “new money” raised has so far exceeded P250 billion, according to the Bureau of the Treasury (BTr). In a text message to reporters, National Treasurer Rosalia de Leon said the new money raised from RTB-24 has already […]

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Vietnam GDP growth set to hit 3.8% in 2020: VEPR

The Hanoitimes – The development of a Covid-19 vaccine is necessary for the Vietnam’s economy to return to its pre-Covid-19 status. There is a high possibility that Vietnam’s annualized GDP growth would be around 3.8% this year, close to the government’s target of 4%, according to Pham The Anh, chief economist of the Hanoi-based Vietnam Institute […]

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China Approves 43 Myanmar Companies to Export

After collaborations between Myanmar’s Ministry of Commerce, Ministry of Agriculture, Livestock and Irrigation, Myanmar Embassy to China, and General Administration of Customs of the People’s Republic of China-GACC, China has approved 43 Myanmar rice exporting companies enabling them to export wholegrain rice and broken rice to China. Before, there were only 11 Myanmar companies approved […]

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