Cambodia prioritised the development of its telecommunications infrastructure as a commitment at the first ASEAN Digital Ministers’ Meeting. ASEAN, already the most-connected region in the world, has set a goal for transitioning to a digital economy under the ASEAN Digital Masterplan 2025. Given the ongoing COVID-19 pandemic, much of the discussion was based on the […]
Read MoreMANILA, Philippines (UPDATE 12:14 p.m., Jan. 28) — The Philippine economy expectedly shrank the largest on record last year after the coronavirus pandemic messed not only with the country’s hard-earned economic laurels but also with its ambitions to become a middle-income economy under President Rodrigo Duterte. The health crisis’ impact was so severe that the slump in gross […]
Read MoreKUALA LUMPUR, Jan 28 ― Moody’s Investors Service has affirmed Malaysia’s local and foreign currency long-term issuer and local currency senior unsecured debt ratings at A3, with a stable outlook. In a statement today, Moody’s said the rating affirmation is underpinned by its expectation that Malaysia’s medium-term growth prospects would remain strong, and the country’s […]
Read MoreAs global economy remains weak MANILA, Philippines — Exports plunged anew in December after recovering in November, reflecting slower global economic recovery and a severe decline in the outbound shipments of agriculture products. Data released by the Philippine Statistics Authority (PSA) yesterday showed total export sales dropped by 0.2 percent on an annual basis in […]
Read MoreA renewal of the reduced property tax measures for another year can help boost housing demand and purchasing power, says a property consultancy, even as the cut in transfer and mortgage fees remains capped at 3 million baht a unit. Phattarachai Taweewong, director of research and communications at Colliers International Thailand, said the measures help […]
Read MoreMANILA, Philippines — With many Filipinos turning to delivery services to treat themselves in the days of social distancing and community quarantine, KFC has decided to shift its gears and introduce a new delivery service that is safe, not only for its customers but also for the environment. True to its commitment to adapt, innovate […]
Read More
Thailand
