MANILA, Philippines — The country’s hotel market is pushing for more domestic-centered marketing initiatives amid the temporary China travel ban, an industry group said. Hotel and Sales Marketing Association (HSMA) president Christine Ibarreta said hotels are currently experiencing a 20 percent to 40 percent booking cancellation rate. “But we do have to accept this fact…,” […]
Read MoreThailand ranked No.1 for internet users engaging in mobile banking, as well as time spent on game consoles, according to the Digital 2020 report. The report was published by We Are Social Inc agency in partnership with social media solutions provider Hootsuite, focusing on digital, mobile and social media trends around the world. Regarding the […]
Read MoreCambodia’s government is hoping to retain its preferential trade status with the UK after it left the European Union. Currently the Kingdom benefits from a preferential trade deal with the EU known as Everything but Arms (EBA) but there are fears this will be withdrawn later this month amid allegations of human rights breaches. Although […]
Read MoreStatistics Indonesia (BPS) has started to include prices of services provided by ride-hailing startups Gojek and Grab, among other new components, in the country’s inflation calculation. BPS head Suhariyanto said on Monday that the agency incorporated the new price components into the country’s consumer price index (CPI) because of their significant economic sizes. “There are […]
Read MoreA seven-month excise tax cut for jet fuel for domestic flights of local airlines, tax breaks for business operators that hold seminars in provinces and hospitality operators that renovate their properties, and a deadline extension for personal income tax return filing will go before the cabinet on Tuesday. The Finance Ministry will propose the new […]
Read MoreThe World Bank has classified Laos as a lower-middle-income economy in its latest classification for the 2020 fiscal year. The bank classifies the world’s economies into four income groups, namely high, upper-middle, lower-middle, and low, based on Gross National Income (GNI) per capita in U.S. dollars. Lower middle-income economies are those with a GNI per capita between USD 1,026 […]
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