BUSINESS sentiment among small and medium-sized enterprises (SMEs) in Singapore has eased off its record low, but firms are still expected to hold off expansion and capital investments for the first half of 2021. That’s according to the Singapore Business Federation (SBF) and information service Experian’s latest quarterly poll, where 2,100 SMEs across six sectors […]
Read MoreThailand’s GDP could see a steep contraction similar to the second-quarter decline if nationwide lockdown measures are imposed to contain a fresh round of outbreaks, says the World Bank. Should a new round of infections result in a lockdown in Bangkok or across Thailand, overall economic activities would be impeded, said Kiatipong Ariyapruchya, senior country […]
Read MoreKUALA LUMPUR: The ringgit opened higher against the US dollar today on the back of improving crude oil prices. At 9.07am, the ringgit was quoted at 4.0470/0520 versus the greenback compared with 4.0490/0530 on Monday. Axi Chief Global Market Strategist Stephen Innes said the ringgit could claw back some losses on recovering oil market sentiment. […]
Read MoreThe Covid-19 infections that spread from the seafood market in Samut Sakhon are likely to ruin tourism sentiment, hobbling domestic trips to 95 million this year, says the Tourism Authority of Thailand (TAT). TAT governor Yuthasak Supasorn said if there were no cases in Samut Sakhon, domestic trips would have hit 100 million trips. With […]
Read MoreAn expanding range of innovative, bold and exotic flavoured hot sauces is ensuring the continued growth of a sector that generated global sales of $2.29 billion in 2018 and is projected to grow to $3.77 billion by the end of 2026. As the trend is spurred on by next-generation foodies seeking the latest in fiery […]
Read MoreThe Hanoitimes – To help accelerate the application of chip cards, most banks are offering the switch free of charge. Vietnamese banks are speeding up the process of replacing magnetic cards with chip cards to meet the deadline set by the State Bank of Vietnam (SBV) on March 31, 2021. Under a recent circular released by […]
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