Vietnam needs to make efforts to change the perception of the country as a low-cost destination and lure more upscale Chinese tourists. The border gates between China and other countries, including Vietnam, are seeing thousands of entries and exits as China officially reopened its border on January 8, 2023. The number of people registering for […]
Read MoreNEW private home sales plummeted in December to the lowest since 2009, according to data released by the Urban Redevelopment Authority on Monday (Jan 16). Developers in Singapore sold a total of 170 units last month, excluding executive condominiums, down 34.6 per cent from the 260 units moved in November last year. The latest December […]
Read MoreThe airports in Cambodia are set to benefit from the easing of travel restrictions announced by China last month, according to VINCI Airports. VINCI, which operates three airports in Cambodia, said in a statement: “The easing of travel restrictions in the first quarter of 2023 announced by the Chinese authorities should benefit these Asian airports […]
Read MoreMANILA, Philippines — The Philippine economy likely posted a much slower growth rate in the fourth quarter of 2022 after posting above-seven percent growth in the first three quarters of last year, according to United Kingdom-based think tank Pantheon Macroeconomics. “Growth likely fell to 4.6 percent year-over-year, after five straight quarters of seven percent prints […]
Read MoreMANILA: Southeast Asian central banks look like they are close to done fighting inflation using interest rates, with economists seeing the tightening cycle ending after 25- to 50-basis points of moves in the coming months. Policymakers in Indonesia, Philippines and Thailand will each raise borrowing costs by a total half-point in the coming months before reaching their […]
Read MoreThe US continued to be the biggest export destination of Cambodia in 2022 as the Kingdom shipped goods worth $8.9 billion to the country, 19.7 percent more compared to 2021. However, Cambodia’s exports to China with $1.2 billion last year showed a 17.9 percent decline for the same period. While the US share in the […]
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Thailand
