The pandemic hit the tourism industry the hardest, which is expected to take several years to fully recover. Yet some folks are looking at this period as an opportunity to accelerate the move towards sustainability. The recent “Top Countries for Sustainable Tourism” report from market researcher Euromonitor International found 66.4% of consumers globally want to […]
Read MoreMANILA, Philippines — The country’s risks from debt exposure are minimized even as the share of debt to gross domestic product (GDP) rose to a 14-year high in 2020, according to the Department of Finance (DOF). In an economic bulletin released over the weekend, Finance Undersecretary Gil Beltran said the low interest rate regime helped […]
Read MoreThe Vietnamese authorities require the shipping companies to provide relevant documents on listed prices, The Vietnam Maritime Administration will launch an investigation of 12 shipping lines for freight fees, charges and surcharges, and issues related to ocean container shipping services. The shipping companies are subject to the investigation include: Denmark-based Maersk, Switzerland’s Mediterranean Shipping Company […]
Read MoreWhile tourism operators hope the Songkran festival will boost domestic travel, the business community on Khao San Road expects to lose money after health authorities banned a variety of the celebration’s customary activities. The government has designated April 12 as a special holiday, making the Songkran festival an extended long holiday from April 10 to […]
Read MoreMANILA, Philippines — Micro, small and medium enterprises (MSMEs) may be left with no choice but to permanently shut down business should the government reimpose lockdowns to address the recent surge in COVID-19 cases, the country’s largest tourism network has cautioned. The Tourism Congress of the Philippines (TCP) said reintroducing enhanced community quarantine (ECQ) this […]
Read MoreCambodia approved eight investment projects worth over $69 million in the first three weeks of this month that are expected to deliver 5,249 jobs, according to a report from the Council for the Development of Cambodia (CDC). The CDC gave the green light for final registration certificates to two electronics assembly manufacturing plants – Yuan […]
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Thailand
