The festive season and a hard sales push in December are seen as the final efforts for local tourism operators to increase average occupancy to 50% this year, which is still notably short of the 69.5% average posted in 2019. Thapanee Kiatphaibool, deputy governor for domestic marketing at the Tourism Authority of Thailand (TAT), said the […]
Read MorePETALING JAYA: Consumer spending is expected to remain resilient going into 2023, underpinned by economic growth and stable employment markets. However, in a report, RHB Research said the growth momentum may cool in view of the absence of spending boosters, namely Employees Provident Fund withdrawals, loan moratoriums, low interest rates, high commodity prices and pent-up […]
Read MoreOver 130 international delegates from 21 countries have registered to participate in the 9th Sea Festival and the 2022 World Congress of the Most Beautiful Bays in the World Club (World-Bays Club) to be held from 9th-11th December 2022 in Sihanoukville, said a release by the Ministry of Tourism (MoT). The figure was presented during […]
Read MoreAGAINST the backdrop of rising inflation, consumers in Indonesia are likely to tighten their belts by saving more and spending less, or opting for cheaper alternatives. Consumer staples, such as food products producer Indofood CBP Sukses Makmur, could stand to gain, given the resilient demand for staple food products, wrote DBS analysts on Wednesday (Dec 7). […]
Read MoreMANILA, Philippines — The peso is likely to face less choppy waters in 2023 after emerging as one of the worst performing currencies in Asia this year when the external position of the Philippines deteriorated significantly, according to ANZ Research. In its Asia FX Outlook 2023, “Ready to Rebound Even if Growth Slows,” ANZ Research […]
Read MoreFreight-forwarding companies have been expanding their networks to shorten delivery time amid stiff competition. Nguyen Thu Hao, accountant for a construction company in Hanoi, wanted to send documents to the branch in HCM City. After a call, staff of a delivery company turned up to get the documents, which reached the HCM City branch the […]
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Thailand
