The Vietnam Banks Association has urged international card organisations to reduce several types of fees on Vietnamese banks in the context that the COVID-19 pandemic negatively affected their card businesses. The association said that the pandemic significantly affected the operations and business of banks in Vietnam, including card businesses, in recent months. It cited statistics […]
Read MoreKUALA LUMPUR, April 28 ― The government has allowed companies under the economic sectors which have been permitted to operate during the movement control order (MCO) to resume full operations starting tomorrow. International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali said however, the companies must adhere to the Standard Operating Procedure (SOP) which […]
Read MoreCambodia is closer to inking trade deals with developed economies despite the ongoing COVID-19 pandemic. Seang Thay, a spokesperson at the Ministry of Commerce, told Khmer Times yesterday that the free-trade agreement (FTA) negotiations between Cambodia, South Korea, China and the Eurasian Economic Union (EAEU) – a huge free-trade bloc led by Russia – have […]
Read MoreHotel 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 […]
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