The Malaysia Budget and Business Hotel Association (MyBHA) is urging the government to enact laws to regulate online travel agencies (OTAs), claiming that the price war among the OTAs have hurt their profit margins amid the Covid-19 downturn. Regulations proposed by the MyBHA include setting a ceiling price on the sales commissions of OTAs as […]
Read MoreDespite the economic devastation wrought by the Covid-19 pandemic, Indonesia is still focused on quality over quantity when it comes to its tourist destinations – as evinced by a senior official’s recent remark that backpackers would be banned from Bali when the resort island reopens to foreigners. Luhut Pandjaitan, the coordinating minister for maritime affairs […]
Read MoreRaising competitiveness and strengthening the links between agriculture and tourism will contribute to post-Covid 19 recovery and inclusive growth in Laos, according to a report by the Asian Development Bank (ADB) unveiled on Friday. The report, “Developing Agriculture and Tourism for Inclusive Growth in Laos”, examines how higher agricultural productivity and new markets for tourism […]
Read MoreVaccination is key for Vietnam’s safe economic reopening and recovery, according to foreign businesses. Vietnam needs to devise a roadmap for reopening right now to maintain its regional and global competitiveness while not being left behind in the economic recovery, according to the latest petition of foreign-invested businesses to the Vietnamese Prime Minister. Foreign business […]
Read MoreThe Cambodia Business Council in Thailand (CBC) says it is hoping to hear from the government as early as this month about visa changes that could come into force soon. They would first allow tourists to visit Sihanoukville before the Kingdom is fully opened to foreign visitors, according to CBC’s president Sothea Sambath. CBC Thailand is […]
Read MoreThe government is being advised to enact a specific law to govern the planned Northeast Economic Corridor (NEEC) to facilitate its development. The new corridor is expected to be similar in form to the government’s current flagship Eastern Economic Corridor (EEC), which covers three provinces. Isara Vongkusolkit, honorary chairman of Mitr Phol Sugar Corp, Asia’s […]
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