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Thailand: Govt bets on local tourism

The cabinet on Tuesday approved two stimulus packages worth 22.4 billion baht to revitalise domestic tourism which has been left reeling from the Covid-19 pandemic. The packages will start today and run until Oct 31, said deputy government spokeswoman Traisuree Taisaranakul. She said that originally there were three packages known as “Happiness-sharing trips”, “Let’s travel”, […]

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Singapore private home prices weaken further with 1.1% drop in Q2: URA flash data

SINGAPORE – Prices of private homes slipped for a second straight quarter as demand was suppressed during the nearly two month-long circuit breaker period. Flash estimates from the Urban Redevelopment Authority (URA) on Wednesday morning (July 1) showed its overall price index for private residential properties declined 1.1 per cent in the second quarter from the previous three […]

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Philippines: SMC optimistic of business recovery

MANILA, Philippines — San Miguel Corp., the country’s diversified conglomerate, is optimistic its business will recover despite posting lower results in the first quarter of the year as a result of the coronavirus disease 2019 or COVID-19 pandemic. During the company’s annual shareholders meeting yesterday, SMC president and COO Ramon Ang said the company’s major […]

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