MANILA, Philippines — The Philippine peso dropped past the P52 barrier for the first time since 2019 on Monday as Russia’s invasion of Ukraine continued to prop up the US dollar, triggering inflation concerns amid already high oil prices. The local unit shed 44 centavos from its previous finish to close at P52.18 against the greenback. Its […]
Read MoreAbout 45 per cent of hotels that are still running have just about enough funds to last for three months, a recent survey found. The survey was carried out on 142 hotels, including those serving as alternative quarantine sites and hospitels, by the Thai Hotels Association in February. The association’s chairperson, Marisa Sukosol Nunbhakdi, said […]
Read MoreJOHOR BARU, March 7 — The land route between Malaysia and Singapore via the Johor Causeway and the Second Link will be opened simultaneously with the opening of the country’s border, said Tourism, Arts and Culture Minister Datuk Seri Nancy Shukri. She said this would facilitate travel by Singaporeans to Malaysia, thus reviving the country’s […]
Read MoreThe Lao Logistics Link (LLL), which comprises the Thanaleng Dry Port (TDP) and Vientiane Logistics Park (VLP) and its other projects, will swell Laos’ gross domestic product (GDP) currently valued at 180,243 billion kip by 20 percent, the project investor told a top legislator on Friday. President of the National Assembly (NA), Dr Xaysomphone Phomvihane, […]
Read MoreA new travel bubble that will facilitate easier travel between three of Southeast Asia’s most popular destinations for backpackers is set to launch later this month. The Vaccinated Travel Lane (VTL), which is set to be similar in nature to those that have previously been in effect between Singapore and several other nations, could go […]
Read MoreThe Russia-Ukraine conflict will have no significant influence on Cambodia’s rice exports, according to the Cambodia Rice Federation (CRF). Concerns have been raised about potential supply chain disruptions as a result of the war or sanctions levied against Moscow and Russian entities. However, CRF Secretary-General Lun Yeng said that neither the Eastern European country was […]
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Thailand
