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Thailand: Hotels want expats to get stimulus perks

The newly elected president of the Thai Hotels Association has asked the government to include expatriates in the second phase of tourism stimulus, saying those who pay tax should receive equal rights. Marisa Sukosol Nunbhakdi said the stimulus campaign for locals has run since July 18, but the slow response is a sign of weak […]

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Vietnam industrial property stands tall as global manufacturers pursue ‘China+1’ strategy

The Hanoitimes – An increasing influx of foreign capital shifting to Vietnam prompts higher demand for industrial estate. Vietnam’s industrial real estate has the potential to be a destination for multinational companies that are increasingly pursue the “China Plus One” strategy to diversify their operations as the global health crisis causes disruptions in supply chains. As […]

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Room for improvement in Thai digital quality of life

Thailand ranks 63rd out of 85 countries in the digital quality of life (DQL) index based on research by privacy protection company Surfshark, trailing Singapore, Malaysia and Vietnam in Asean. The research assesses internet quality, affordability, e-security, online government services and e-infrastructure as key elements. Singapore, Malaysia and Vietnam rank 12th, 41st and 54th, respectively. […]

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Indonesia: Falling import demand, reduced foreign bond holdings narrows Q2 deficit

Indonesia’s current account deficit (CAD) narrowed in the second quarter of the year as import demand fell and foreign ownership of government bonds declined, Bank Indonesia (BI) announced on Tuesday. The CAD narrowed in the second quarter to US$2.9 billion, down from 1.4 percent of gross domestic product (GDP) in the first quarter to 1.2 percent of GDP in quarter two. Southeast […]

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