The Hanoitimes – The city’s real estate market took a hit in the first quarter and it will take time to recover. Retail is one of the industries hit the hardest by the Covid-19 pandemic, and is contagious to the real estate industry. Hanoi’s real estate market has witnessed the closure of many tenants when they […]
Read MoreIndonesia’s factory production contracted by a record level in the first quarter of the year as a result of weak demand and disruption to the supply chain against the backdrop of the coronavirus pandemic, the latest survey has shown. Bank Indonesia’s Prompt Manufacturing Index (PMI-BI) was recorded at 45.64 percent, the lowest level ever, compared […]
Read MoreKUALA LUMPUR (BLOOMBERG) – As banks elsewhere scrap or defer dividend payments, investors in Malaysian lenders can still expect their usual cash rewards. Malayan Banking, the biggest lender by market value, plans to keep its payout ratio of as much as 60 per cent its profit after tax and minority interests, on top of paying […]
Read MoreVietnam Airlines, the 49 percent shareholder of the Cambodian national airline, Cambodia Angkor Air, has said that it is looking to divest its shares in the airline. Cambodia Angkor Air currently has five A321 aircraft and is said to be currently in an advanced stage of negotiations to sell the aircraft and the stake to […]
Read MoreAS THE novel coronavirus pandemic continues to unfold, the construction industry is expected to be hammered, with economists looking at further double-digit contraction. “Unfortunately, the construction sector will take a big hit in Q2 2020 from the Covid-19 pandemic – first from the one-month circuit breaker and the rising infections/quarantines at foreign workers dormitories, as […]
Read MoreThe Hanoitimes – Fifty local garment firms can produce 200 million per month. The figure would be higher if the production capacity nationwide is taken into account. Vietnam is capable of becoming a major exporter of cloth face masks in the world, the governmental portal reported, citing the Ministry of Industry and Trade (MoIT). According to […]
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Thailand
