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Cambodia: New GDP prediction is not optimistic

The Asian Development Bank (ADB) has predicted that the real economic growth of Cambodia will reach 2.3 percent this year and will be around 5.7 percent in 2021, according to the newly released report on ADB’s flagship annual economic publication titled, Asian Development Outlook 2020. The ADB says that after two decades of strong performance, […]

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Vietnamese tech retailers manage to survive Covid-19 pandemic

The Hanoitimes – Many retailers in phone and electronics segments focus on developing online channels to survive during the coronavirus pandemic period. To survive adverse effects of the coronavirus pandemic, many Vietnamese tech retailers have quickly boosted their sales on online platforms as their physical stores nationwide have to close until April 15 to comply with […]

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Thailand: Price structure coming for food-delivery operators

The Commerce Ministry has ordered food delivery business operators to submit their price structures as well as measures regarding Covid-19 prevention to ensure transparent pricing and the safety of customers and delivery staff. Department of Internal Trade deputy director-general Prayote Pensut said the order aims to set a standard for the food delivery business that […]

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ADB projects Indonesia’s economy to grow 2.5% in 2020

Indonesia’s economy is expected to grow by only 2.5 percent this year, from a four-year low of 5.02 percent in 2019, according to a new Asian Development Bank (ADB) report. The situation, caused largely by the COVID-19 outbreak, is expected to gradually improve in 2021. ADB’s flagship annual economic publication titled “Asian Development Outlook 2020” […]

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Srithai beefs up investment in Vietnam

SET-listed Srithai Superware Plc, a leading melamine maker, is ramping up investment this year in Vietnam, which has relatively high growth opportunities, while shelving its investment in Thailand, Indonesia and India. Sanan Angubolkul, chairman and president, said the company will splash out 450 million baht this year to expand its business in Vietnam. Of the […]

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