logo
Read More

Philippines: Digital technology is key to recovery

The webinar organized by the Carlos P. Romulo Foundation and the Makati Business Club last June 23 on the topic “Digital Readiness for the New Normal” provided some insights on the government’s economic recovery plan from the coronavirus disease 2019 or COVID-19 pandemic in which digital connectivity will play a major role. Acting NEDA Secretary […]

Read More
malay03
Read More

Malaysia’s aging population challenge: World Bank moots RM350 monthly govt-funded ‘social pension’ for B40 elderly as a start

KUALA LUMPUR, June 26 — The concern of whether Malaysia’s fast-aging population would have enough savings to live out their days in retirement could be addressed by having the government fund a “social pension”, such as a RM350 monthly payment to senior citizens in the B40 group, the World Bank has suggested. The World Bank […]

Read More
cam03
Read More

Cambodia: Food tech company to enter Kingdom

Kemin Industries, a global ingredient manufacturer, has entered into a partnership with Diethelm Keller Siber Hegner (DKSH) to be the distributor for Kemin Food Technologies in Cambodia, Vietnam and Myanmar. Using DKSH’s distribution services will strengthen Kemin Food Technologies’ market synergies and provide a foundation to further expand its presence within Vietnam, Myanmar and Cambodia. […]

Read More
vn02
Read More

Vietnamese retailers need support as EVFTA takes effect

The opening of the domestic market as committed in the EU – Vietnam Free Trade Agreement (EVFTA) will lead to the strong penetration of foreign businesses to expand their retail chains in the country. This poses great challenges, requiring state management agencies to make appropriate and timely decisions to support retail businesses in the new […]

Read More
logo
Read More

Philippines: TIEZA dangles tax perks for tourism

MANILA, Philippines  — The Tourism Infrastructure and Enterprise Zone Authority (TIEZA) is offering tax incentives for the renovation of tourism enterprises and lowering its permit fees to P1 as part of efforts to aid the recovery of the tourism sector. In a statement, TIEZA said its board recently approved the grant of tax incentives to […]

Read More
cam02
Read More

Cambodia: Requests for loan restructures ease

Financial service providers have been seeing the number of loan restructuring requests slow down, claiming customers are able to repay existing debt because their businesses are running as usual, according to industry insiders. Kaing Tongngy, head of Cambodia Microfinance Association’s (CMA) communication department said that as of the third week of June, the total of […]

Read More