Hotel and restaurant owners have brought their concerns before the Deputy Prime Minister in relation to lockdown measures put in place during the coronavirus, or Covid-19, pandemic. Deputy Prime Minister and Minister of Planning and Investment, Mr. Sonexay Siphandone, met with representatives of the Lao Hotel and Restaurant Association at the Landmark Riverside Hotel on 26 April. […]
Read MoreThe Central Bank of Myanmar (CBM) has slashed interest rates by another 1.5 percent, making it the third time it has done so since COVID-19 was declared a global pandemic. The decision to cut rates was announced under Directive No. (8/2020), issued on April 27 and effective May 1. The CBM first cut rates by […]
Read MoreThe condominium market in 2019 included an accumulated sales rate of 525,223 units, from the total supply of 623,381 units, according to Ms. Risinee Sarikaputra, Director of Research at Knight Frank Thailand. This represents a sales rate of 84.3%, which dropped from 2018 with a sales rate of 85.8%. The number of new condominium units […]
Read MoreMANILA, Philippines — Caught off-guard, the Duterte government lost its chance to ramp up infrastructure spending before the coronavirus disease-2019 (COVID-19) outbreak hit, with capital outlays down as of February. In a spending report released Tuesday, the Department of Budget and Management (DBM) said capital outlays inched down 1.8% year-on-year to P60.1 billion in February. […]
Read MoreLAYOFFS and unemployment are expected to rise in Singapore this year, in spite of a massive fiscal shot in the arm, the central bank said in a report on Tuesday, as it gauged the fallout from the Covid-19 pandemic that is expected to cause a global recession. The government has unveiled policies such as the […]
Read MoreLao Prime Minister Thongoun Sisoulith has advised the Ministry of Information, Culture, and Tourism to use its time wisely in refurbishing and upgrading tourism sites in preparation for the country’s reopening after the Covid-19 pandemic. The PM made the recommendation as he chaired the government ordinary meeting session held by video conference on 23 April. […]
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