Indonesia’s debt is expected to remain sustainable this year despite a steep increase in the planned issuance of government bonds to finance the country’s widening budget due to a big COVID-19 stimulus check, the Asian Development Bank (ADB) has said. ADB Indonesia country economist Yurendra Basnett said that the country had entered the COVID-19 crisis with one of the lowest debt-to-gross domestic […]
Read MoreGEORGE TOWN, April 27 — Penang will be reviewing its affordable housing price to below RM300,000 and increasing the number of rent-to-own units for first-time homebuyers after the movement control order (MCO) is lifted, state exco Jagdeep Singh Deo announced today. The state Housing, Local Government and Town and Country Planning Committee chairman said the […]
Read MoreThai oil and gas company PTT Exploration and Production (PTTEP) will continue to execute its 2020 Economic Plan, which includes work in Myanmar, said Mr Piya Sukhumpanumet, general manager from PTTEP Myanmar Asset. PTTEP is the operator of the Zawtika natural gas project, which includes the development of the Zawtika, Kakonna and Gawthaka gas fields […]
Read MoreThe Hanoitimes – The Vietnamese trade minister urged enterprises to take advantage of existing free trade agreements (FTAs) to find new export opportunities. The US and EU markets are potential export markets for Vietnam’s protective gear and masks during the Covid-19 pandemic, according to Minister of Industry and Trade Tran Tuan Anh. Anh made the suggestion […]
Read MoreMANILA, Philippines — The tourism industry is in need of government support in the form of tax relief measures as well as subsidies to help the sector recover from the coronavirus disease 2019 or COVID-19 pandemic, according to a survey conducted by Tajara Hospitality and Horwarth HTL. Based on the survey, 79 percent of the […]
Read MoreA vaccine for the novel coronavirus is needed to help reverse a plunge in Thailand’s critical tourism sector, according to the Tourism Authority of Thailand (TAT). Visitor numbers are set to tumble 60% to 16 million this year, almost halving foreign tourism income, but those numbers could go even lower as the world waits for […]
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