Tris Rating holds a negative view on the residential property industry in Thailand. Although the Covid-19 pandemic may not directly affect the industry, it is causing severe damage to the overall economy. As the domestic economy is already fragile and heavily reliant on tourism and exports, the virus pandemic could cause a contraction. The more […]
Read MoreBrunei Darussalam, along with other Southeast Asian economies, will endure a growth slowdown in 2020 due to COVID-19 and a consequent global slump, especially given their strong trade and investment ties with a slowing People’s Republic of China. Brunei Darussalam’s gross domestic product (GDP) growth is forecast to continue to grow above trend, albeit at […]
Read MoreStreet 308, also known as Bassac Lane, Phnom Penh’s once-vibrant expat favourite area, where many restaurants, entertainment joints and other businesses thrived, now looks like a ghost town at night. Tourists, foreign residents and locals were often seen congregating in the area at night, especially at weekends, for entertainment, drinks and food, but that is […]
Read MoreTourism operators are pleading with locals not to discriminate against returning Chinese visitors once the virus is contained following a survey that found half of mainland tourists are ready to take overseas trips. Thailand ranked among the top destinations. Ivy Alliance Tourism Consulting, China Comfort Travel Group and Pacific Asia Travel Association conducted a survey […]
Read MoreEssential-needs businesses have promised smooth services with retail stocks sufficient at least until May as Jakarta, Indonesia’s economic powerhouse, will enforce large-scale social restrictions starting Friday to slow down the spread of COVID-19. The Jakarta Post spoke to businesspeople in sectors related to cash, fuel, food, medicine, retail, water, communications and logistics, which are exempted from […]
Read MoreThe Mant Wain trading gate in Muse has been closed since April 5 as both governments take more stringent measures to prevent the spread of COVID-19, said U Khin Maung Lwin, assistant secretary of the Ministry of Commerce. China no longer allows Myanmar truck drivers to cross into Yunan so Mant Wain, which is the […]
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Thailand
