Indonesia to expand direct flights to raise tourist sector
In a bid to promote the “Two Countries, One Destination” initiative, Cambodia and Indonesia have agreed to enhance ties by establishing direct flights from key Indonesian…
Economic Affairs
Hong Kong’s financial secretary sees stock market rebound in Year of the Dragon
Financial Secretary Chan says that despite numerous external challenges, there are also opportunities, as changes in geopolitical dynamics and global supply chains prompt many…
Confidence of property buyers crucial for sector to cope with economic volatility
The Thai property sector is expected to remain steady amid various challenges this year, especially the high rejection rate from financial institutions, and the impact of rising…
Bali’s tourist tax comes into force
The fee will have to be paid electronically through the "Love Bali" online portal and will apply to foreign tourists entering Bali from abroad or from other parts of Indonesia,…
Inflation will come under control soon: PM Hasina
PM attributed Bangladesh's economic crises mainly to the turmoil caused by the Russia-Ukraine conflict in global economy, which came after the economic downturn of the Covid-19…
Bangladesh sugar, palm oil and date prices increase in spite of duty cut
In order to boost supplies and contain prices of essential goods during the month of Ramadan, the government reduced value added tax and import duties on edible oil, sugar, dates…
Making Asia and the Pacific more dynamic, healthier, wealthier, and better
The economies of many nations in the region have been moving out of the category of “least developed” and graduating into a “middle income” status. However, the positive…
Malaysia’s biggest port considers new investors for $11 billion expansion
The company is also looking at a dividend reinvestment plan and borrowing to help fund the expansion of the facility in Klang.
Tourism revenue soars in Cambodia in 2023
Foreign tourism revenue surged to approximately $3.04 billion, an impressive 115% increase from $1.41 billion in 2022.
Retailers wary about government’s cheap food program
The doubts may be due to previous experience with the government when it issued a price ceiling on cooking oil and promised to compensate traders, none of the businesses have…