The competition in the beer market is no longer healthy as ‘dirty tricks’ have been used to win over rivals and obtain market share. Nguyen Van Viet, chair of the Vietnam Beer Alcohol Beverage Association, said it is difficult to do business in the Vietnamese beer market and only the strongest competitors will survive. Though […]
Read MoreKUALA LUMPUR: Foreign demand for Malaysian bonds stayed sturdy in October, with the domestic bond market charting its sixth consecutive month of net foreign inflows at RM8bil, RAM Ratings said. In a statement issued on Tuesday, the rating agency said the foreign inflow was a vast improvement from marginal net inflows of RM500mil in September […]
Read MoreEconomists have slashed their 2020 outlook for the Philippines by more than any other Southeast Asian nation as it struggles with one of the region’s worst coronavirus outbreaks. The forecast for the country’s gross domestic product dropped from a 6.1% expansion at the beginning of the year to an 8.9% contraction, a swing of 15 […]
Read MoreKUALA LUMPUR: Shares in Malaysia’s Top Glove slumped 7.5% on Tuesday, after the government said some of its factories would be closed in stages for Covid-19 screening and quarantine, as more than 2,000 of its workers tested positive for the disease. The Health Ministry reported a sharp rise in cases in the area where Top […]
Read MoreSINGAPORE – Covid-19 has put additional stress on Singaporeans’ financial well-being, according to the latest survey by OCBC. Although most Singaporeans are good at the “basics”, particularly saving their money, many are now struggling to keep up with housing loan payments and maintaining their usual level of passive income. The OCBC Financial Wellness Index, which […]
Read MoreThe government of Myanmar is considering resuming domestic flights depending on the magnitude of the spread of COVID-19, according to the Civil Aviation Department. The National Committee on Prevention, Control and Treatment of COVID-19 on its meeting also discussed the possibility of resuming domestic flights, and allowing travellers, who need to travel due to urgent […]
Read More
Thailand
