SOUTH-EAST Asian air passenger traffic will grow by 5.7 per cent a year until 2039, the second-fastest pace of expansion in the world, one industry report has said. The projected annual growth in South-east Asian passengers trounces the global average of 4 per cent, and comes in second to the 7 per cent ramp-up in […]
Read MoreThe COVID pandemic is intensifying the Kingdom’s push towards becoming a cashless society as consumers increasingly opt to conduct digital payments instead of physical transactions. In response to that push, Visa recently announced the launch of contactless payments at Total stations and Bayon Market locations across Cambodia. The company stressed that the partnerships come as […]
Read MoreDomestic virus inoculation, foreign tourist arrivals and export growth are among the key variables determining the revision of GDP growth outlook this year, says the Fiscal Policy Office (FPO). Other factors influencing the economic growth assessment are the impact of the drought on agriculture and the efficacy of the government’s financial relief measures to sustain […]
Read MoreKUALA LUMPUR: Malaysia’s consumer price index recorded a year-on-year (y-o-y) decrease of 0.2% to 122.1 in January, representing a 10th straight month of declines since March last year. On a month-on-month comparison, the CPI was 1.2% higher over December. Transport prices remained the leading laggard, falling 5.1% y-o-y while other declining sectors included housing, water, […]
Read MoreCambodia is undergoing property tax reform but says it is administrative with a focus on improving the registration and valuation of properties while strengthening enforcement and compliance. The government has previously stated it will not be adding new taxes or increasing tax rates but an app to simplify collection is soon to be launched. To […]
Read MoreMANILA, Philippines — Investments approved by the Philippine Economic Zone Authority (PEZA) surged 139 percent in January from a year ago. PEZA director general Charito Plaza said the agency approved projects worth P11.31 billion in January, up from P4.726 billion in the same month last year. The approved investments for January are for 24 projects. […]
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Thailand
