Agriculture Rural Development Bank (ARDB) together with Wing (Cambodia) Ltd Specialized Bank and Cambodia Investors Corp (CIC) inked a memorandum of understanding (MoU) to facilitate loan repayments, encourage the use of digital banking and to provide information to borrowers to guarantee the credit deal. The MoU between ARDB and Wing is to allow the ARDB’s […]
Read MoreThe retail property market recorded no new openings of shopping centers or leasing activities in April and May in Jakarta as shopping malls across the country temporarily closed to prevent further spread of COVID-19. Data compiled by the Indonesian Shopping Center Association (APPBI) show that 190 shopping malls across the country temporarily closed. Stefanus Ridwan, the chairman of the association, said Tuesday that […]
Read MoreMANILA, Philippines — Doors will be opened to passengers of ride-hailing service Grab once it resumes people transport operations when quarantine rules are relaxed, not because riders are royalty, but as precaution against the coronavirus disease-2019 (COVID-19). The measure is just one of the changes Grab Philippines is rolling out as soon as its drivers […]
Read MoreThe Cambodia Hotel Association (CHA) president claims that the hotel industry is seeking far and wide to secure financial assistance because of the Coronavirus pandemic, which hit hard the entire tourism sector. Clais Chenda president of CHA told Khmer Times that COVID-19 has severely affected the hotel industry, the tourism sector’s biggest investment. Chenda, who also runs […]
Read MoreThailand’s manufacturing production index (MPI) in April stood at 79.04, the lowest level since November 2011. The drop came mainly from the lockdown and curfew, the drought, private sector wariness of the Covid-19 pandemic continuing and weak confidence in the economy. Ittichai Yotsri, deputy director-general of the Office of Industrial Economics (OIE), said the global and […]
Read MoreAs COVID-19 continues to disrupt the traditional workings of the Myanmar economy, e-commerce is expected to be a key driver of growth for the country post-pandemic, said U Aung Htoo, deputy minister of Commerce, during a virtual conference held on May 28. The Ministry of Commerce (MOC) will release an overview of a plan to […]
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Thailand
