SINGAPORE – Singapore has ratified the Regional Comprehensive Economic Partnership (RCEP) and deposited its ratification instrument, becoming the first participating country to complete the official process. All 10 Asean members and key partners Australia, China, Japan, New Zealand and South Korea signed the trade pact, the world’s largest, at the 4th RCEP Summit last November. Trade and […]
Read MoreThe new Covid-19 outbreak is expected to cut tourism receipts by half during the Songkran festival after many provinces have voluntarily imposed a 14-day quarantine, while dozens of events have been cancelled or postponed, says the Tourism Authority of Thailand (TAT). TAT governor Yuthasak Supasorn said a large number of infections originating from the Thong […]
Read MoreMANILA, Philippines — Hotel operators in the Philippines are looking to take in additional bookings from domestic tourists this year to make up for the lack of foreign guests due to travel restrictions set by the government. Paul Ryan Isip, head of capital markets of property consultancy firm JLL Philippines, said hotels still anticipate a […]
Read MoreRural consumers are increasingly shop online, with 46 per cent of internet users engaged in online shopping activities. This was revealed in an annual report on consumer behaviour, consumption of media, brand usage and awareness of consumers in rural and suburban areas of Việt Nam, which was produced by Facebook and GroupM Việt Nam. Rural and suburban […]
Read MoreVietnam has for the first time released a list of sectors which foreign investors are restricted or banned from accessing. The list was issued along with Government Decree No 31/2021/ND-CP dated March 26, 2021. The list specifies 25 business lines prohibited for foreign investors, including trading in goods and services subject to State monopoly; press […]
Read MoreThe Bank of Thailand pledges to keep a close watch on the fresh wave of Covid-19 infections and, in particular, the government’s measures in containing the infections as well as people’s consumption behaviour. Mathee Supapongse, the central bank’s deputy governor for monetary stability, said at an analyst meeting on Friday that it remains too early […]
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