As of January 24, the number of delivery trucks being stranded at Lang Son Province was 355, a sharp decline from nearly 4,000 one month ago. Authorities of the Chinese Guangxi autonomous region and Vietnam’s Lang Son Province on January 25 resumed customs clearance at the Pu Zhai (China) – Tan Thanh (Vietnam) border gates […]
Read MoreMANILA, Philippines — The Philippines recorded a narrower $1.34 billion balance of payments (BOP) surplus in 2021, falling short of the $1.6 billion target for the period, the Bangko Sentral ng Pilipinas (BSP) said. BSP Governor Benjamin Diokno said the country’s BOP reverted to a surplus in December with $991 million from a deficit of […]
Read MoreJust four new condominiums were launched for sale last year in the capital, down from 17 in 2020, according to research by CBRE Cambodia. The four developments comprised “more than 1,000” units, while the 17 in 2020 consisted of 10,866, the real estate firm reported. CBRE Cambodia categorises condos as “high-range”, “mid-range” and “affordable”. It […]
Read MoreMANILA, Philippines — The International Monetary Fund (IMF) has hiked its economic growth forecast for the Philippines in 2021 and expects a return to pre-pandemic levels by the end of this year. Ragnar Gudmundsson, IMF resident representative for the Philippines, said in an e-mail that the country’s gross domestic product (GDP) expanded by 4.6 percent […]
Read MoreThe government is considering taxing stock trading for the first time in more than three decades, along with making crypto traders part with a share of their profits, as the government hunts for revenue to fund billions of dollars in pandemic relief. Prime Minister Prayut Chan-o-cha’s administration is expected to decide by end-January on the […]
Read MoreHONG KONG: Hotels in Asia-Pacific are likely to receive investment of more than US$9 billion this year, a 30% increase from 2021, as countries begin to ease their Covid-19 restrictions and some confidence returns to the hospitality sector, according to JLL. The higher investment in the segment is just one of the themes likely to […]
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Thailand
