Tourism businesses in Siem Reap have changed their operations to target more domestic tourists. The move comes as hotels report more than 90 percent occupancy rates for the upcoming Khmer New Year replacement holiday. Business changes have included hotels dropping room rates as well as restaurants and bars offering a more Khmer-friendly atmosphere with live […]
Read MoreThe Energy and Mineral Resources Ministry has appointed Ridwan Djamaluddin as the ministry’s number one man in regulating Indonesia’s mining industry. Energy minister Arifin Tasrif inaugurated the geologist-by-training on Monday as the ministry’s new mining director general, an echelon one-level bureaucrat, which is a rank just below a minister. Arifin tasked Ridwan with implementing the […]
Read MoreMANILA, Philippines — The Philippines would be forced to spend more to fight the coronavirus pandemic, even if it does not want to, if the outbreak gets prolonged and an expected rebound for the economy next year does not materialize, a debt watcher said Tuesday. “The government’s record of macroeconomic management lends credibility to the […]
Read MoreSINGAPORE – Businesses on both sides of the Causeway welcomed the cross-border travel arrangements between Singapore and Malaysia, which would allow employers to travel for essential meetings and afford workers opportunities to see their families more often. The arrangement will address the pressing travel needs of both countries, the Singapore Business Federation and the Malaysia-Singapore Business Council […]
Read MorePublic debt is on the rise for Laos after a drop in revenue collection and an increase in loans amid the Covid-19 pandemic. According to a report in Xinhua, one government official has said that Laos’ public debt could rise to as much as 65 to 68 percent of GDP in 2020 following a steep decline […]
Read MoreBrunei Darussalam’s gross domestic product (GDP) is expected to grow at 1.6 per cent in 2020, according to a forecast by a macroeconomic surveillance organisation, Asean+3 Macroeconomic Research Office (AMRO). The only countries with expected positive growth are Brunei, Vietnam (3.1 per cent), China (2.3 per cent), Myanmar (1.1 per cent), and Laos (0.5 per […]
Read More
Thailand
