The tourism sector, which is the most vulnerable industry from the spread of Coronavirus, will see a slower recovery than other sectors after the pandemic ends, according to industry insiders. Chhay Sivlin, president of the Cambodia Association of Travel Agents, told Khmer Times yesterday that tourism is different from other sectors which will make a […]
Read MoreSINGAPORE – Employers are strongly urged not to resort to retrenchment or prolonged no-pay leave to manage business costs during the circuit breaker month, said the Ministry of Manpower (MOM) in an advisory this week on salary and leave arrangements. They should tap the enhanced Jobs Support Scheme payout for April to pay local workers their salaries. “This will […]
Read MoreBrunei Darussalam total trade valued at BND1,805.6 million, an increase by 25.7 per cent from BND1,436.7 million during the same month last year. This takes into account exports of petroleum and gas products as an outcome of downstream activities. Meanwhile, for month-to-month changes, total trade for January 2020 decreased by 29.8 per cent compared to […]
Read MoreThe Hanoitimes – Fitch also lowered Vietnam’s GDP growth projections to 3.3% in 2020 from 7.0% in 2019, on account of the pandemic. Fitch Ratings has revised the outlook on Vietnam’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to Stable from Positive and affirmed the rating at ‘BB’. The outlook revision reflects the impact of the escalating […]
Read MoreMANILA, Philippines — Electronics exports are not likely to hit the projected five percent growth for 2020 amid the coronavirus crisis, the Semiconductors and Electronics Industries in the Philippines Foundation Inc. (SEIPI) said. This despite posting nearly 10 percent growth in the first two months of the year to $6.16 billion. For February alone, electronic […]
Read MoreProspects for exports to Indonesia remain promising this year after the fellow Asean member temporarily lifted the import licence requirement for garlic and brown onions until May and moved to lower import tariffs on 749 products such as soybeans, food, textiles, corn, shoes and ceramics. Indonesia lifted the import licence requirement for garlic and brown […]
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Thailand
