Indonesia is the second most confident nation in Southeast Asia about reopening its tourism sector with 71 percent of Indonesians saying their country is well prepared, a recent survey shows. The result is part of a joint survey conducted by social research agency Blackbox Research, data provider Dynata and translation company Language Connect, titled Unravel Travel: […]
Read MoreMANILA, Philippines (UPDATE 3 1:03 p.m., Aug. 6) — The Philippines officially entered a recession in the second quarter, an expected economic collapse brought by the pandemic that has gone beyond government control with the country likely to become Southeast Asia’s coronavirus hotspot on Thursday. Gross domestic product (GDP) plummeted 16.5% year-on-year from April to June, sinking deeper […]
Read MoreVietnam is one of the best long-term growth stories in Asia and is one of the most preferred frontier markets, according to HSBC. HSBC’s reasons range from the healthy state of foreign direct investment (FDI), rising share of global exports, the country’s impressive handling of the COVID-19 crisis, and higher levels of government investment to policy reforms which […]
Read More
Thailand
