A month into Singapore’s circuit breaker, which has led to most stores being shut, retailers have two options: adapt or die. When the dust finally settles, the retail landscape is likely to be less vibrant as smaller players disappear, and those that survive will have to respond to new shopping habits, industry observers say. While […]
Read MoreThe Hanoitimes – As Vietnam has progressively contained the Covid-19 pandemic, the priority now should be to boost business and production activities, said Prime Minister Nguyen Xuan Phuc. Vietnam is determined to achieve an economic growth rate higher than the International Monetary Fund (IMF)’s estimate of 2.7% for this year, the highest in Southeast Asia, according […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) announced a pause in monetary easing to assess the impact of the aggressive actions it implemented to mitigate economic and financial fallout from the coronavirus disease 2019 or COVID-19 pandemic. BSP Governor Benjamin Diokno said it is prudent for the Monetary Board to first evaluate if […]
Read MoreThe Hanoitimes – Companies are striving to adopt to a new situation and keep in place precautionary measures although the social distancing order has been lifted. Once the Vietnamese government has eased social distancing orders, the majority of Vietnamese enterprises have been quick to put in motion recovery plans and started resuming operations. During the 15-day […]
Read MoreTrade Minister Agus Suparmanto has asked traditional markets across the country to remain open to prevent sellers from incurring losses caused by the government’s social restriction measures to slow the spread of COVID-19. Sellers at traditional markets in 285 cities and regencies recently reported that their revenues had fallen 39 percent while retailers have seen a 90 […]
Read MoreMANILA, Philippines — Lockdowns and a halt in public transport in areas under community quarantine tempered inflation for the fourth straight month this year in April, the Philippine Statistics Authority (PSA) reported on Tuesday. Inflation, as measured by consumer price index, slowed to 2.2% year-on-year in April, down further from 2.5% the prior month and […]
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Thailand
