THE recovery in the tourism industry will be gradual and will depend on how well governments arrest the spread of infection, though the industry is expected to report significant losses over the full year, according to the International Institute of Finance (IIF). It said the industry in tourism-dependent emerging markets is disproportionately reliant on small […]
Read MoreSINGAPORE’S non-oil domestic exports (NODX), which rebounded in June after a surprise dip in May, are now on track to outshine the official forecast of a full-year contraction. But, despite an export boom in the powerhouse pharmaceuticals and electronics industries, watchers are mixed on how long the boost will last. NODX expanded by 16.1 per […]
Read MoreVIENTIANE, July 19 (The Vientiane Times/ANN): The Prime Minister’s Office has issued a notice to the Ministry of Energy and Mines to reduce residential electricity prices from April to December during the Covid-19 outbreak. Notice No.752 on July 14 follows Prime Minister Thongloun Sisoulith’s advice on July 8 to implement a policy where consumers using […]
Read MoreWhile Covid-19 may be among the most devastating of all black swan events to hit Southeast Asia, it by no means is the first — and like previous crises in the world, it is introducing long-lasting changes to consumer behaviour and digital adoption. Bain and Facebook have been studying the exponential growth of digital consumer […]
Read MoreThe Hanoitimes – Nine of the companies are small and medium enterprises (SMEs) and six of large scale. The Japan External Trade Organization (JETRO) has released a list of 30 Japanese firms that are poised to receive subsidies from its government to move production facilities from China to Southeast Asian countries, with half of the list […]
Read MoreLast year, Thailand was the third-largest foreign investor in Myanmar at $6.6 billion in 2018-2019 following Singapore then China. However, due to the unofficial border trade, this figure understates the value of the trade relationship. Thailand has the longest border with Myanmar at 2,416 km. Myanmar shares borders with four other countries: China, India, Bangladesh, […]
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