The Ministry of Finance (MoF) has proposed the Government extend the casino pilot program until 2024 due to the impact of the pandemic and add two casinos in Da Nang City and Khanh Hoa Province to the trial list. Specifically, the ministry suggested the Government add two casinos namely a casino business project on Hon […]
Read MoreTHE Philippine economy is likely to grow 6.5 to 7 percent this quarter, listed Rizal Commercial Banking Corp. projected, but warned that higher oil prices due to Russia-Ukraine tensions is a key risk to expansion. RCBC chief economist Michael Ricafort said in a briefing that his forecast took into consideration base effects because the gross […]
Read MoreTwo Thai budget airlines have announced flights to Cambodia in a bid to spur bilateral tourism after the Covid-19 crisis, with one of them newly launching air links with the country, according to tourism ministry officials and representatives from the Kingdom’s main travel agent association. The Ministry of Tourism on February 27 announced that Thai […]
Read MoreVietnamese tourism is planned to reopen on March 15, but a labour shortage threatens its recovery. Nguyen Vu Khac Huy, director of Vina Phu Quoc Travel LTD, underlined the labour supply as the key to tourism recovery. He said his company had been recruiting experienced employees since late 2021 but to little avail. It seems difficult […]
Read MoreANALYSTS anticipate that the Philippine peso will weaken against the US dollar this month due to rising interest rates in the United States and the ongoing Russia-Ukraine crisis. After closing February at P51.27:$1, analysts expect the peso to thread the P52 to the US dollar level in March. The impact on the dollar-peso exchange rate, […]
Read MoreSecurities regulators and operators are enthusiastic about a recent government decision to continue granting tax incentives for companies that list locally over the next three years, in a bid to stimulate development in the local market. A sub-decree endorsed by Prime Minister Hun Sen on February 24 stipulates that eligible companies that issue debt securities […]
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Thailand
