The Tourism Council of Thailand (TCT) said the Thailand Pass scheme should be scrapped from June 1 to gain an additional 2 million tourists from tour groups and help the country to achieve 10 million tourist arrivals this year. Vichit Prakobgosol, TCT vice-president, said the Thailand Pass still obstructs tour operators from bringing inbound tour […]
Read MoreIn March alone, some 53 investors brought 10.83 billion baht to Thailand, the Commerce Ministry said on Monday. Of the investors, 17 hold business licences and 36 hold business certificates, Deputy Commerce Minister Sinit Lertkrai said. He added that these investments created 447 jobs for locals and brought in advanced technology, such as oil well […]
Read MorePalm oil rallied after top producer Indonesia said it will ban all exports of cooking oil, a surprise move that threatens to worsen global food inflation and aggravate volatility in crop markets still reeling from the war. Indonesia said on Friday that the shipment halt will start from April 28 and last until the government […]
Read MoreLaos recorded a trade surplus in the first three months of this year, despite the continued depreciation of the Lao kip amid increased production and consumable costs. The country recorded a trade surplus of USD 41 million in January, while February saw a surplus of USD 48 million. Meanwhile, Laos recorded yet another trade surplus in March of […]
Read MoreCambodia’s Ministry of Commerce and Vietnam’s Ministry of Industry and Trade talked about boosting trade activities, pledging to push the bilateral trade volume to $10 billion by this year. The meeting, co-chaired by Cambodian secretary of state of the Ministry of Commerce Sok Sopheak and Tran Quoc Khanh, deputy minister of Industry and Trade, was […]
Read MoreMANILA, Philippines — The Philippines is on its way to a full economic recovery from a recession caused by the pandemic despite the recent surge in cases in China as well as the impact of Russia’s invasion of Ukraine, according to Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno. In an interview with CNN international […]
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