More than 1.28 million international tourists visited the Kingdom between January and November 2020, based on arrivals numbers released by the Ministry of Tourism. This represented a drop of 78.2 percent year-to-date (YTD) in international tourists compared with the same period in 2019 when 5.89 million tourist arrivals were recorded. The COVID-19 pandemic was cited […]
Read MoreMANILA, Philippines — Fresh attempts to amend the Constitution’s restrictive economic provisions just got the support of the head of President Rodrigo Duterte’s economic team. “I am for really opening up the economy in all areas possible, with the exception of land ownership. Because the issue of land ownership is so emotional any mention of […]
Read MoreThe Hanoitimes – Local experts list real estate the most important sector in many countries, including Vietnam. Real estate industry accounted for roughly 7.62% of Vietnam’s gross domestic product (GDP) in 2019, information has been released by the Vietnam National Real Estate Association (VNREA). The percentage is likely 13.6% if land is included, VNREA said in […]
Read MoreThe Finance Ministry has allowed employers and employees to extend halting or delaying provident fund contributions for another six months amid the recent Covid-19 outbreak in Thailand. On April 29, 2020, former Finance Minister Uttama Savanayana announced the type of businesses, duration and conditions for employees or employers to halt or delay provident fund contributions […]
Read MoreMANILA, Philippines — Spending growth was at its slowest under the Duterte administration last year when the pandemic created new public needs to fund, controlling a record-high deficit that ultimately settled below a government-imposed cap. The yearend fiscal performance, nonetheless, was welcomed by no less than Finance Secretary Carlos Dominguez III who justified anew his […]
Read MoreKUALA LUMPUR: The Malaysian economic system will seemingly take one other hit in 2021 however at a much less extreme degree in comparison with when the Movement Control Order (MCO) was imposed throughout the first two COVID-19 waves in 2020, economists mentioned. Following the MCO final yr, second-quarter Gross Domestic Product (GDP) shrank by 17.1 […]
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Thailand
