SINGAPORE, June 15 — Economists expect Singapore’s economy to shrink by 11.8 per cent in the second quarter and 5.8 per cent this year, which would be the worst recession to hit Singapore if it were to come to pass. This latest forecast, published in a quarterly survey by the Monetary Authority of Singapore (MAS), […]
Read MoreThe government has teamed up with e-commerce platform Lazada Indonesia to advance its partnerships with digital platforms to meet its target of pushing 2 million small and medium enterprises (SMEs) to go digital this year. The Cooperatives and SME Ministry and Lazada Indonesia launched on Monday a training program to help SMEs with digital marketing […]
Read MoreMANILA, Philippines — Lower loan take-up from both consumer and businesses eased bank lending growth in April, as the impact of one of the world’s longest and toughest coronavirus lockdowns became more pronounced during the month. Data from the Bangko Sentral ng Pilipinas released Monday showed outstanding loans by big banks — net of reverse […]
Read MoreSINGAPORE, June 15 — Singapore will allow small gatherings and the reopening of restaurants and shops from June 19, its health ministry said today, in a major easing of the city-state’s coronavirus restrictions. Social gatherings of up to five people will be permitted from Friday, when the majority of activities resume after more than two […]
Read MoreDeputy Prime Minister Somkid Jatusripitak has urged the Board of Investment (BoI) to make tax incentives and investment packages more attractive to foreign agri-businesses to turn Thailand into an investment hub for CLMV countries. The government wants to draw more investors as the pandemic may cause them to consider changing their production bases, he said. […]
Read MoreThe Hanoitimes – The industry’s authorities are implementing two solutions to revive the industry. Minister of Culture, Sports and Tourism Nguyen Ngoc Thien has called on Vietnamese people to increase trips to locations nationwide to help revive the tourism industry after Covid-19. “I would like to invite all Vietnamese people to explore and enjoy attractive destinations […]
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