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Cambodia – COVID-19: Local business owners must prepare for a ‘new normal’

Cambodia’s American Chamber of Commerce (AmCham) held a virtual seminar yesterday providing advice to local business owners about preparing their organisations for the next phase of business after COVID-19 restrictions are lifted. Key speaker Jay Acharya (Consultant at The Capacity Specialists), stated the current level of mass closures by governments to stop the initial spread […]

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Indonesia: Government unveils new rule to guarantee loans for MSMEs as risk aversion rises

The government has unveiled a new rule to guarantee working capital loans for micro, small and medium enterprises (MSMEs) in a bid to boost credit disbursement from banks, as risk aversion increases amid the COVID-19 pandemic. Finance Ministry Regulation (PMK) No. 71/2020 published on Monday stipulates that the government will assign state-owned credit insurer Jaminan […]

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Thailand: Confidence index plummets, jobs lost

The coronavirus outbreak continues to wreak havoc on Thai tourism, with a key gauge nearing rock bottom in the second quarter and 2.6 million workers in the industry at risk of unemployment. Chairat Trirattanajarasporn, president of the Tourism Council of Thailand (TCT), said the tourism confidence index polled 770 tourism-related operators during May 10-25 and […]

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