The drying up of Siem Reap’s tourist business has resulted in such a profound loss of revenue at the Siem Reap Water Authority that it has been forced to supply water at a loss, according to a source familiar with the matter. The city has been hard-hit by the COVID-19 pandemic leading to drastically reduced […]
Read MoreFebruary is characterised by rosy red colours to usher in auspicious occasions and highlight affection, as people celebrate both Chinese New Year and Valentine’s Day this month, but questions linger about consumer spending amid the ongoing pandemic. The allure of spending and travel linked with these special occasions is far less enticing than in previous […]
Read MoreSINGAPORE: Equity investors expecting a big boost for Singapore’s benchmark index from its upcoming annual budget could be disappointed: heavyweight blue chips are unlikely to benefit from government largess. Aimed at reversing the nation’s worst economic contraction since it became independent in 1965, Tuesday’s budget is set to focus on the pandemic-hit travel sector or […]
Read MorePETALING JAYA: Average hotel occupancy rates are projected to hover at around 20% during the first quarter of this year, as Malaysia continues to grapple with the ongoing Covid-19 pandemic. Malaysian Association of Hotels (MAH) chief executive officer Yap Lip Seng (pic) said a recovery in the occupancy rate can be expected once the vaccine […]
Read MoreBrunei Darussalam’s total trade was valued at BND1,263.4 million in October 2020, a decrease of 39.5 per cent from BND2,087.1 million during the same month in the previous year. Meanwhile, for month-to-month changes, total trade for November 2020 decreased by 14.1 per cent compared to October 2020, according to a press release. Total exports decreased […]
Read MoreThe Securities and Exchange Commission (SEC) is conducting a public hearing this month to determine qualifications for investors wanting to open a cryptocurrency trading account. New investors are flocking to the cryptocurrency market, says SEC secretary-general Ruenvadee Suwanmongkol. The qualifications for cryptocurrency traders are to ensure new retail investors opening crypto trading accounts have sufficient […]
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Thailand
