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Vietnam: Local businesses in foreign bid risk

While the ongoing pandemic is taking a severe human and economic toll worldwide, deal-making activity in Vietnam is likely to maintain momentum as corporate leaders are being asked to make strategic decisions for hunting capital. Park Jun-Yong, a South Korean lawyer from Linden Investment Co., Ltd. predicted, “We will see more mergers and acquisitions (M&A) […]

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Thailand: State urged to compensate mall tenants

The government is being urged to compensate tenants of shopping complexes whose businesses were hit by the coronavirus outbreak at 10,000 baht a month for three months to boost their liquidity. Kriengsak Tantiphipop, chief executive of Emporium Group Co and executive committee member of The Mall Group, said almost all tenants are reeling from tight […]

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Cambodian rice exports burdened by power and transport costs

The Ministry of Commerce and Cambodia Rice Federation (CRF) are continuing working to solve the long-running challenges of the Kingdom’s high cost of electricity and transportation in order to boost the country’s rice industry. The meeting by the ministry with participants from concerned parties such as the CRF and Cambodia Agricultural Value Chain Programme (CAVAC) […]

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Brunei: Consumer Price Index increases by 1.6pc

The Consumer Price Index (CPI) in March 2020 increased by 1.6 per cent year-on-year compared to March last year. Prices of food and non-alcoholic beverages increased by 1.1 per cent following the increase in prices of meat (2.1 per cent); milk, dairy products and eggs (1.6 per cent); vegetables (19.9 per cent) as well as […]

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Fitch downgrades 4 Philippine banks

MANILA, Philippines — Fitch Ratings has taken negative ratings action on state-run Land Bank of the Philippines and Development Bank of the Philippines (DBP) as well as privately-owned China Banking Corp. and Philippine National Bank (PNB) as the coronavirus disease 2019 or COVID-19 outbreak is expected to take its toll on the economy and the […]

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