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Thailand: Restaurateurs hungry for eased rules

The government’s recent ban on dining in at restaurants in major cities and reports of more Covid infections at some high-profile restaurants have sounded the death knell for many eateries. These factors represent a doubly whammy for small and medium-size family-run eateries, street stalls and food vendors, which rely heavily on foot traffic. With the […]

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Philippines: Peso strongest in four years

The Philippine peso advanced to its strongest level in more than four years after exports revenues grew at their fastest pace in a decade. The peso rose for the sixth consecutive week, edging slightly by 4.5 bps this week to 47.81 per US dollar.  The currency is among the steadiest performers in Asia this year, […]

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Commercial airlines bemoan lack of coordinated approach to Covid effort, Cambodia maybe silently working on travel bubble

Travel restrictions in many parts of the world caused by new outbreaks triggered by virus mutations and differing paces of vaccination threaten recovery prospects for the aviation industry, which is suffering its worst crisis. However, due to travel restrictions, the number of flights has been lowered to 50-60 per year, mostly serving as medical evacuation […]

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