The Capital Market saw a 22 per cent drop capitalisation in the first quarter of the year, bringing the market capitalisation to around $544million, compared with the fourth quarter of 2019. The total trading volume was at 0.56million shares, valued at $0.97million. SECC said that the trading volume dropped around 86 per cent and the […]
Read MoreThe tourism sector is unfazed by the possible extension of the emergency decree, with operators saying their businesses are flexible and it will not interrupt the goal to kick-start domestic travel nationwide in June. The Tourism and Sports Ministry is planning to discuss with the prime minister permission to allow domestic tourism to start in […]
Read MoreMANILA, Philippines — Flag carrier Philippine Airlines (PAL) is not in immediate danger of bankruptcy, but may be forced to lay off more employees depending on how its recovery goes once commercial flights are allowed to resume. PAL president and COO Gilbert Santa Maria in an ANC interview yesterday said revenue losses of the company […]
Read MoreCambodia has spent around $400 million to purchase live pigs from a foreign country every year. A representative of the Cambodian Livestock Raisers Association said this at a conference on import restrictions on live pigs in Cambodia. A CLRA representative said, “Each year, about $400 million is spent on buying live pigs from neighbouring countries. […]
Read MoreCalls for digital companies to implement stronger data protection measures are growing following recent reports of a data breach against Indonesia’s e-commerce unicorn Tokopedia. Experts have argued that the data protection bill, which is currently being debated at the House of Representatives (DPR), should set a minimum-security standard for digital companies, as the current regulation […]
Read MoreThailand’s bear-market stock rally may stall after a series of earnings estimate downgrades helped push valuations to their most-expensive on record. The benchmark SET Index trades at about 17.7 times its 12-month consensus profit forecast, a record high, according to Bloomberg data dating back to 2005. The pricey multiple comes after analysts slashed earnings estimates […]
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