Cambodia on Monday, forecasted that global tourist arrivals to the Kingdom in 2021 would drop by another 70 percent because of the continuing impact of coronavirus. The country’s Ministry of Tourism stated in its report “For 2021, due to the prolonged impact of COVID-19, Cambodia’s tourism is projected to continue to drop by another 60 […]
Read More(Bloomberg) — Bank Indonesia is expected to keep its benchmark interest rate unchanged for a second straight month as volatility in global financial markets continues to weigh on the nation’s currency. All 35 economists surveyed by Bloomberg say Bank Indonesia will keep its seven-day reverse repurchase rate at a record low of 3.5% on Tuesday. […]
Read MoreWith expectation to develop into a leading digital economy in Southeast Asia over the next decade, Vietnam is also witnessing a strong inflow of high-tech investment swelling performance in the region. Since last year when Vietnam acted as ASEAN chair, the country has set out a goal of boosting and cementing digitalisation among ASEAN member […]
Read MoreMoody’s Analytics sees rising Covid cases, vaccine shortage as key reasons The Philippines will be one of the weakest performers in the Asia-Pacific region this year as the country struggles to contain the spread of coronavirus disease 2019 (Covid-19) and faces a severe vaccine shortage, Moody’s Analytics said. In a report released on Monday, Moody’s […]
Read MoreThe Agriculture Ministry and Commerce Ministry will promote Thailand’s farm exports by capitalising on free trade agreements (FTAs) which the government has entered into, deputy government spokeswoman Rachada Dhnadirek said. The government has asked both ministries to step up their partnership, in which the Commerce Ministry promotes agricultural goods grown or made under the supervision […]
Read MoreThe real estate investment climate looks bright post-COVID for Cambodia despite fierce competition in some sectors and an oversupply of office space, according to real estate agency CBRE managing director James Hodge. Hodge recently hosted a webinar alongside Jay Cohen, the director of law firm Tilleke & Gibbons’ Phnom Penh branch and the two discussed […]
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