Hotels are desperate to cut room rates in the scrum to draw domestic tourists following the state’s subsidised tourism packages, hoping to gain any occupancy before the country opens up to foreign travellers. After provincial orders to close hotel operations in many provinces since April, the vast majority of hotels are restarting their businesses, aiming […]
Read MoreThe Hanoitimes – This law version bans the debt collection service. The National Assembly (NA) on July 17 approved the revised Law on Investment with the endorsement of 92.34% of its deputies present, with several major changes. Among new changes in this law version, the debt collection service has now been banned. Meanwhile, the law also […]
Read MoreCambodia’s commercial and residential rental market is currently experiencing very high levels of oversupply, particularly for properties traditionally marketed to foreigners, according to industry experts. The oversupply comes as the COVID-19 pandemic causes a mass exodus of foreign workers and high levels of uncertainty in the market, in addition to calls by the World Bank […]
Read MoreVietnam’s cement sector is facing oversupply and firms need flexible business strategies to overcome the difficulties. The sector was expected to see many challenges this year due to the complex changes of the COVID-19 pandemic, with real estate projects short of capital. Figures from the Ministry of Construction showed the country would have a cement […]
Read MoreTHE Monetary Authority of Singapore (MAS) on Thursday said that 14 out of the 21 digital bank applications will progress to the next stage of assessment. This was after they had met the eligibility criteria. Five of the 14 are digital full bank applicants, while nine are digital wholesale bank applicants. The central bank and […]
Read MoreIndonesia’s current market rout caused by the COVID-19 pandemic has provided a lucrative entry point for investor as stocks prices are now relatively low compared with prior to the outbreak, asset manager Schroders Indonesia has said. “It’s like a sale is happening in the stock market,” Schroders Indonesia investment director Irwanti said during the webinar […]
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Thailand
