Vaccination will have a profound impact on Thailand’s tourism industry recovery and reopening strategy this year, with 2 million foreign tourist arrivals expected at this juncture, says Kasikorn Research Center (K-Research). “Thailand’s path to economic recovery will mostly depend on the tourism industry [outlook] as to when the country will reopen for foreign tourist arrivals. […]
Read MoreAccording to an Asian Development Bank (ADB) report, increasing job opportunities in decent work for women is essential for growth and vital for the advancement of economic and social development in Cambodia. However, it also said that attitudes toward providing decent work to men and women alike, irrespective of their ethnic origin and class, continue […]
Read MorePETALING JAYA: Retail Group Malaysia (RGM) has revised downwards its 2021 retail sales growth projection to 4.1% from 4.9% previously, mainly due to the re-implementation of the movement control order (MCO) in January. The association said the latest revision is also based on other factors of consideration. “More retail businesses will be allowed to open […]
Read MoreThe Hanoitimes – Trade relations between Vietnam-Indonesia is expected to return to the upward trend from 2021 and onward, especially as the two are relatively complementary economies. While Vietnam and Indonesia are two major partners for each other in the region and of the world, there remains huge potential for both countries to boost trade and […]
Read MoreMANILA, Philippines — Global banking giant Citi raised anew its inflation forecast for the Philippines, expecting the consumer price index (CPI) to breach the two to four percent target of the Bangko Sentral ng Pilipinas (BSP). Nalin Chutchotitham, economist for the Philippines at Citi, said inflation may average 4.2 percent this year on the back […]
Read MoreCentara Hotels & Resorts has opened its second Centara Mirage brand resort in southern Vietnam. Located a few hours’ drive from Ho Chi Minh City, Centara Mirage Resort Mui Ne will be a Spanish Mediterranean-themed waterpark resort. The first Centara Mirage opened in Pattaya in 2009. The 984-key resort will open in April and will […]
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