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Thailand: Higher airfares hobble Chinese market revival

The average airfare for flights connecting key cities in China and Thailand remains 1.5 times higher than pre-pandemic prices, while for second-tier cities fares have surged 200%, which means low-priced tours cannot return, according to the Tourism Authority of Thailand (TAT). TAT governor Yuthasak Supasorn said even though average airfares have decreased from last year, prices […]

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Vietnam an important hub in World Logistics Passport network

WIth the launch of the World Logistics Passport initiative in Việt Nam, the domestic logistics sector will reap more successes, optimising and sharing the interest of the programme amid extensive international integration. HÀ NỘI — Việt Nam will be an important logistics and trade hub of the World Logistics Passport (WLP) network, given the country’s […]

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Now Cambodians avail loan through ‘mobile chat’ tech

Get a loan sanctioned within a few hours, sometimes in minutes, and that too on the basis of an application you place through a mobile chat sitting at home! Well, this is already happening in Cambodia and some microfinance institutions (MFIs) have embraced the fast-developing financial technology to make this possible. Cambodia-based Boost Capital, a […]

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Moody’s maintains stable Philippine outlook

MANILA, Philippines — Moody’s Investors Service has maintained a stable outlook for Philippine banks as the tighter monetary conditions brought about by the aggressive rate hikes by the Bangko Sentral ng Pilipinas (BSP) is not likely to derail the recovery from the impact of the pandemic. In a report on the Philippine banking system, the […]

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