MANILA, Philippines — Lower disbursements and budget due to the coronavirus disease 2019 or COVID-19 pandemic may dent the growth prospects of the country’s infrastructure sector this year, according to Fitch Solutions Country Risk & Industry Research. In a report, the research arm of the Fitch Group said the country’s infrastructure sector may grow by […]
Read MoreThe Energy Ministry has cut the ex-refinery oil price by 0.5 baht and will continue to subsidise gas purchases as part of its ongoing measures to provide relief to an economy battered by Covid-19. The Energy Policy Administrative Committee (Epac) approved today the price cut in response to a call from a non-governmental organisation, Green […]
Read MoreIndonesia booked a trade surplus of US$2.09 billion in May as imports fell steeper than the export slump against the backdrop of social restrictions worldwide and supply chain disruption, Statistics Indonesia (BPS) announced Monday. Exports plunged 28.95 percent year-on-year (yoy) in May to $10.53 billion, the lowest since July 2016, due to falling exports of coal, […]
Read MoreExports of vegetable and fruits fetched more than 1.5 billion USD in the first six months of the year, a year-on-year decline of 14.5 percent, according to the Ministry of Agriculture and Rural Development. China was the leading importer of Vietnam’s vegetable and fruit, holding a lion’s share of about 60.8 percent. However, exports of […]
Read MoreDespite the easing of stringent lockdown measures, the 3.6-trillion-baht retail industry remains far from a full recovery, and nearly all business operators in the sector are struggling to regain business. Some 10-30% of in-mall businesses have restarted since shopping malls were allowed to reopen on May 17 after being ordered closed on March 22 as […]
Read MoreCambodia is recommended for its low living costs, stunning scenery and fascinating history – ideal for expat retirees. The claim in a recent report by emigrate.co.uk. One important aspect in Cambodia’s favour, it said, is that visas are still comparatively easy to get for retirees as well as entrepreneurs and digital nomads. It suggests that elderly […]
Read More
Thailand
