The Ministry of Public Works and Transport (MPWT) yesterday signed a framework agreement with China Road and Bridge Corporation (CRBC) to enable the two counterparts to continue negotiation to set the details of the Phnom Penh-Bavet Express Project (PP-Bavet Expressway) before reaching public-private partnership agreement for implementation. The framework agreement was signed by MPWT Minister […]
Read MoreMANILA, Philippines — The share of national debt to the country’s output has jumped to 63.7 percent, the highest rate in 17 years, putting extra pressure on the need for more robust economic growth to help shrink ballooning obligations amid higher commodity prices and interest rates. Data from the Bureau of the Treasury showed that […]
Read MoreAccording to the Telegraph, although only 7% of the country’s population has a passport, Chinese tourists made 150 million trips abroad in 2018 and 154 million trips in 2019. However, many flights have not been sold and a lot of money has not been spent since the Covid-19 pandemic because of the dearth of Chinese […]
Read MoreThe Thai Travel Agents Association (TTAA) is anticipating growth of the outbound tourism market after Hong Kong became the latest destination to allow tour groups to visit with fewer restrictions. The TTAA predicted pent-up demand from Thai tourists will lead to more travel through the first quarter of next year. The Hong Kong government is allowing […]
Read MoreMinisters from different ministries on Wednesday signed 18 agreements, memorandums of understanding and other official documents with Chinese counterparts during a ceremony attended by Prime Minister Hun Sen and Chinese Premier Li Keqiang at the Peace Palace in Phnom Penh. The documents signed include two concessional loan agreements for the development of physical infrastructures such […]
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Thailand
