Luang Prabang, Laos’ premier world heritage site, is investing heavily in the development of facilities at visitor attractions alongside a promotional campaign to boost domestic travel and reinvigorate tourism. The switch in focus to domestic tourists is in response to the severe and unprecedented blow to the tourism industry, especially through the absence of foreign […]
Read MoreAlthough the automotive industry is struggling to deal with a worldwide economic downturn, local authorities and car makers are clinging to their ambitious goal to make Thailand a champion in electric vehicle (EV) business in the region. Since lockdown measures were lifted, news and updates on EV projects in the public and private sectors keep […]
Read MoreMANILA, Philippines — The earnings of the Bangko Sentral ng Pilipinas (BSP) dropped by 35 percent to P13.71 billion from January to August compared to P33.51 billion in the same period last year due to lower revenues and net loss on foreign exchange rate fluctuations. According to the BSP, its revenue comprised mostly of interest […]
Read MoreCPI, corporate earnings AFTER a dip in headline inflation in August, the September Consumer Price Index (CPI) numbers will be watched closely. The Statistics Department is expected to release the CPI on Wednesday. The CPI for August fell 1.4% to 120.1 from 121.8 a year ago, mainly due to lower transport and fuel prices but […]
Read MoreThe majority of the large number of high-rise properties all over the capital are eerily quiet and dark as dusk falls over the city. To get an insight into the actual situation of Phnom Penh’s high condominium properties and their status amid the economic downturn, the purported over-supply, price wars and the COVID-19 pandemic, Khmer […]
Read MoreThe Finance Ministry is preparing to adjust the tax structure to incentivise foreign investors in preparation for a full reopening of the economy. One of the planned measures to stimulate the economy is adjusting the tax structure as a short-term boost for individuals and the private sector, while a long-term plan is to support investment […]
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Thailand
