The Hanoitimes – Amid a slowdown in private investments and consumption, expert suggested public spending is essential to spur economic growth and ensure decent living standards for the people. Due to growing impacts of the Covid-19 pandemic, an increase in public spending with a focus on greater disbursement of public investment is a key measure to […]
Read MoreThailand’s logistics network has seen a considerable spike in volume, leaving operators scrambling to meet demand from a homebound population relying on deliveries for essential goods. Last week, rumours swirled on social media of employees quitting en masse from Kerry Express, the nation’s largest private delivery company, accompanied with pictures of boxes piling up at […]
Read MoreDue to COVID-19’s devastating economic effect causing the collapse of Cambodia’s two major export markets, the United States and the European Union, representing about 75 percent of total market share, is forcing a refocus on expanding the Kingdom’s highly concentrated export market. Khmer Times spoke to Penn Sovicheat, the under-secretary of state and spokesperson for the […]
Read MoreBank Indonesia (BI) expects the April inflation rate to drop to 2.8 percent year-on-year (yoy), from 2.9 percent in March, as a result of sufficient food supplies and weak demand, the central bank governor says. BI Governor Perry Warjiyo said the central bank’s survey estimated 0.2 percent month-to-month (mtm) inflation in April, while yoy inflation would stand at […]
Read MoreMANILA, Philippines — The proportion of jobless Filipinos likely rose to a level not seen since the onset of global financial crisis as disruptions brought by the coronavirus disease-2019 (COVID-19) and the lockdowns implemented to control its spread put people out of work. In a report sent to the media Monday, Japan-based investment bank Nomura […]
Read MoreThe Lao government has just ordered the temporary nationwide ban on the sale and distribution of all alcoholic beverages in Laos. A notice has just been released by the Prime Minister’s Office (PMO) instructing all provincial governors and the mayor of Vientiane Capital to strictly prohibit the sale and distribution of alcoholic beverages during the […]
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