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Singapore: Around two in three income relief applications have been approved; some self-employed still unable to benefit

SINGAPORE – More than 60 per cent of the applications for the Self-Employed Person Income Relief Scheme (Sirs) processed by the National Trades Union Congress (NTUC) have been approved, the Ministry of Manpower (MOM) said on Monday (June 22). It added that the vast majority of those who applied received the same payouts as auto-included recipients, after […]

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Cambodia: New eco-tourism site for Siem Reap

The Ministry of Tourism has announced it will  develop Tek Chhub Khnar Pou community, the only mangrove forest in Siem Reap province, into a new eco-tourism site, a move to diversify the Kingdom’s tourism destinations to attract more visitors. Located in Sout Nikom district’s Khnar Pou commune, Tek Chhub Khnar Pou community, which has been […]

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Indonesia: Reallocate toward bonds, look out for equity bargains: Asset managers

Indonesian asset managers are expressing a preference for bonds amid crisis-driven market volatility, suggesting that investors gradually enter the market before the economy starts to pick up. Bonds, especially government bonds, are considered relatively low risk and have become attractive to investors as interest rates fall.  “Sovereign debt gives quite a good return relative to […]

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Thailand: Accor urges reopening, domestic focus

Thailand needs to reopen borders to international guests to ensure long-term infrastructure and investment, while boosting domestic consumption in the short term, says hotel firm Accor. Last year Thailand reached close to 40 million international visitors versus 167 million domestic trips, but foreign visitors are higher-yielding and tend to spend more per trip, said Patrick […]

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Thailand: Pubs set to reopen in July

Operators of night entertainment hangouts have welcomed a promise by the business lockdown-easing committee that pubs, bars, karaoke parlours and other entertainment venues will be allowed to reopen in the fifth phase of loosening the Covid-19 restrictions expected in July. The promise was made during talks yesterday between Gen Natthaphol Nakpanich, deputy army chief and […]

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Cambodian smallholders ‘most challenged in the region’

Cambodia’s agriculture has been a key pillar of its economic success, contributing through poverty reduction, income generation and enhanced food production. However, challenges remain to be seen and the sector needs to focus on new skills to increase labour productivity and technology to improve land productivity and value chains. Khmer Times reporter Sorn Sarath sat […]

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