Thai exporters are being warned to brave the China-India conflict and the tech war between the US and China on top of the existing serious impact from the coronavirus crisis. Aat Pisanwanich, director of the Center for International Trade Studies at the University of the Thai Chamber of Commerce, said the business sector is fretting […]
Read MoreThe Ministry of Construction (MoC) is completing a draft resolution to encourage the development of low-cost commercial apartments to submit to the Government in the third quarter of this year. The move aims to help the real estate market recovery in the “new normal” context, said Nguyen Van Sinh, deputy minister of construction. The low-cost […]
Read MoreKUALA LUMPUR (BERNAMA) – The Malaysia Digital Economy Corporation (MDEC) and Huawei Technologies (Malaysia) Sdn Bhd have signed a Memorandum of Understanding (MoU) to spearhead the initiative to drive Malaysia’s position as the heart of Digital ASEAN. This collaboration will kickstart with a white paper development conducted by both parties on identifying and developing key elements to […]
Read MoreAs part of its attempts to revive the economy, the Malaysian government, in its latest economic stimulus package (Penjana), is giving tax exemptions such as waiving stamp duties and allowing exemptions from real property gains tax to revive the property sector. This sector is seen as an important one as many downstream sectors are dependent […]
Read MoreThailand’s second-quarter economic contraction could reach a record 13% year-on-year after business activity was halted by lockdown measures during the period, says the Bank of Thailand. The anticipated decline would mark the lowest year-on-year growth figure since a 12.5% contraction in the second quarter of 1998 in the wake of the 1997 Asian financial crisis, […]
Read MoreForeigners have continued to be left stranded in Cambodia because many are unable to receive refunds on cancelled flights, are not eligible for embassy loans and have no employment opportunities to fund expensive flights home. According to the Foreigner Present in Cambodia System, 114,367 foreigners remain in the Kingdom. In response, social media groups are […]
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