One of the Kingdom’s major economic pillars, the construction sector, is set to experience negative growth rate this year, which it has never seen since the global financial crisis between 2007 and 2009. The sector has enjoyed an impressive growth curve in recent years. According to official figures from the Ministry of Land Management, Urban […]
Read MoreThe Hanoitimes – The implementation of the National Single Window helps save costs for enterprises for almost all procedures compared to the previous traditional approach. The implementation of the National Single Window (NSW) shortens the time needed to carry out administrative procedures (APs) in Vietnam, according to Dau Anh Tuan, director of the Legal Department under […]
Read MoreThe Hanoitimes – With many successes in economic development, Vietnam is an example for other emerging economies, said World Bank Country Director in Vietnam Ousmane Dione. Vietnam is not far away from becoming a middle-income country, but more steps need to be taken for the country to realize this target, according to Ousmane Dione, country director […]
Read MoreThe COVID-19 pandemic shows that corporate governance is vital for Myanmar businesses to manage risks and improve their access to capital, as an increasingly unpredictable environment demands access to capital and loans. Companies around the world experience serious disruptions to their operations, liquidity and customer engagement. However, firms with modern corporate governance procedures are likely […]
Read MoreSINGAPORE (THE BUSINESS TIMES) – Singapore’s equity valuations have bottomed, and a “sustained rebound” is now underway as the market shifts its focus to an “imminent V-shaped recovery in the global economy”, Morgan Stanley Research said in a report on Monday. Analysts Wilson Ng and Derek Chang said economies that earlier reopened from lockdowns have […]
Read MoreThe nation’s high unemployment rate is expected to worsen and continue into next year as the country braces for further economic consequences of the COVID-19 crisis, senior government officials said on Monday. Some 5.5 million people may lose their jobs this year, pushing the unemployment rate to between 8.1 and 9.2 percent, up from 5.28 […]
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Thailand
