Despite higher electricity prices, if businesses are able to enjoy a regular, uninterrupted supply of power, the move is still welcome as most will still be commercially viable, some investors said. “In the last year alone, blackout time in our factory was over 300 hours. When the power is out, we have to run the […]
Read MoreThe number of domestic tourists in Bali from January to April decreased to 363,161, marking an 11 decrease in tourists from the same period in 2018, according to Colliers International Indonesia, which blamed high airfares on the slowdown in tourism. The hotel occupancy rate also decreased, dropping to 62.7 percent in the second quarter of 2019, a 2 percent decrease from the second quarter […]
Read MoreTightened regulations for vehicle technical inspections at Phnom Penh and Sihanoukville autonomous ports will impact goods transportation, especially in textiles, according to transport sector insiders. Cambodia Freight Forwarders Association (Camffa) president Sin Chanthy said the Ministry of Public Works and Transport’s measures will delay shipping. “I have been talking the issue over with the garment […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) remains consistent in its effort to upgrade the security features of banknotes to further deter counterfeiting activities ,according to BSP Governor Benjamin Diokno. Diokno said during the launch of the first set of banknotes bearing his name and signature the additional security features would be launched […]
Read MoreKUALA LUMPUR: Peer-to-peer (P2P) financing platform, Funding Societies Malaysia is cooperating with Lazada Malaysia to offer short-term and e-commerce financing, specifically for traders on Lazada e-commerce platform. In a joint statement, they said P2P platform is an alternative option for financing which has been gaining tremendous interest over the years. The platform, it explained, has […]
Read MoreManufacturers operating in Vietnam are benefiting from prolonged US-China trade disputes, which have led to plant relocations and expansions across Asia, according to an NNA joint survey with a local industry body. The multiple-answer survey of 566 firms in Vietnam showed that 31 pc of respondents had expanded output, while 31 pc anticipated rising sales […]
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Thailand
