Business advocates are continuing to call on the Cambodian government to further support the local economy during and after the COVID-19 pandemic – through the implementation of collateral-free working loans and new policies to encourage more foreign direct investment in the Kingdom. The calls come after the government announced a plan last week to reduce […]
Read MoreSINGAPORE: Singapore’s embattled economy could shrink by as much as seven percent this year, which would be the worst reading since independence, with the government saying Tuesday the coronavirus pandemic had throttled the key export sector. The city-state is seen as a bellwether of the global economy and the historic contraction highlights the extreme pain […]
Read MoreThe Tourism and Sports Ministry wants the Covid-19 Situation Administration (CCSA) to lift the domestic tourism lockdown starting in June, as the industry prepared for new national safety and health standards with almost 1,500 operators applying for certification. Tourism Minister Phiphat Ratchakitprakarn said this Friday the ministry plans to talk with the CCSA about easing […]
Read MoreThe Ministry of Commerce and the private sector are monitoring the conflict between US and China, as a trade war could erupt again, Pimchanok Vonkorpon, director-general of the Trade Policy and Strategy Office, said. She said the ministry and the private sector would draft a plan to push exports to cope with the situation, as […]
Read MoreThe Hanoitimes – M&A in hotels and resorts is expected to thrive as the social distancing orders have left devastating affects on low-end hotels and budget accommodations. Low or no occupancy at all are leaving many hospitality businesses in Vietnam on the verge of bankruptcy. However, this situation provides significant merger and acquisition (M&A) opportunities. More […]
Read MoreAgriculture experts have criticized the government’s agrarian reform program a lack of progress that led to low production yield and mounting food imports, pointing to possible food shortages if the COVID-19 pandemic continues. University of Indonesia (UI) senior economist Faisal Basri has voiced his concerns over the increasing number of food imports over the years, saying that […]
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Thailand
