Thailand can expect to welcome 20 million tourists next year, or about half the pre-pandemic level, Prime Minister Prayut Chan-o-cha said on Tuesday. That projection is likely to materialise provided the Covid-19 situation doesn’t deteriorate again and no new threats to tourism appear on the horizon, he said. Tens of thousands of tourists are arriving […]
Read MoreMANILA, Philippines — The government yesterday borrowed P35 billion from the debt market at a higher yield to investors due to the impending rate hike by the US Federal Reserve. The Bureau of the Treasury issued all of the P35 billion worth of reissued three-year Treasury bonds (T-bonds), with a remaining term of two years […]
Read MoreBualuang Securities (BLS) is bullish on the Vietnamese stock market despite a sharp decline of 11.6% in April, citing Vietnam’s high economic growth prospects. According to BLS Mutual Funds, an investment unit of BLS, the drop in the Vietnam Stock Index can be attributed to three factors. The first factor was the arrest of an […]
Read MoreCambodia approved 52 fixed asset investment projects worth $2.46 billion in the first four months of 2022, according to a report by the Council for the Development of Cambodia (CDC) on Tuesday. The approved projects included garment, footwear and travel goods factories, hotels, hospitals, automobile assembly factories, electronic factories, and fruit processing and packaging factories, […]
Read MoreThai workers are feeling the pinch from months of higher living expenses, leading them to take to the streets on Labour Day to demand a 45% increase in the daily minimum wage. Some economists and business leaders have pushed back, claiming the burden from such a wage hike would result in higher product costs and […]
Read MoreThe cabinet on Tuesday approved a Commerce Ministry proposal to import up to 600,000 tonnes of maize with zero tariffs from May to July, aiming to ease a shortage of animal feed ingredients following the disruption caused by Russia’s invasion of Ukraine. Government spokesman Thanakorn Wangboonkongchana said the imports will be handled by the Public […]
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