Some 80% of spa businesses nationwide have closed, prompting the Thai Spa Association to call for urgent relief aid from the government, especially in the form of a salary co-payment scheme. Spas are slowly reopening, following a relaxation of lockdowns in many provinces, but the domestic market cannot completely revive the business, which relies heavily […]
Read MoreKUALA LUMPUR: While there is a general consensus that the economy will see a substantial recovery in the second half of the year, there are also concerns that declining consumer confidence would further impact businesses in the short term amid rising Covid-19 cases. Professor of Economics at Sunway University Business School Dr Yeah Kim Leng […]
Read MoreConstruction of two coal-fired power plants will begin at the end of 2021 in Xekong province in the southeast of Laos, according to a senior Lao government official. The plants will become operational and begin transmitting electricity to Cambodia in 2025 based on an agreement signed between the developers and the Lao government. Lao Deputy […]
Read MoreSINGAPORE – The Government will support the growth of local manufacturers by helping them build their capacity to innovate and ride the next wave of growth, said Singapore’s Minister for Trade and Industry Mr Chan Chun Sing. On a visit to Sanwa Plastic’s Woodland factory on Monday (Feb 8), Mr Chan said local companies need […]
Read MoreMANILA, Philippines — The country should further reopen its economy to prevent job losses resulting from downsizing or closure of a number of businesses, the head of the country’s main employers’ group said. “Hindi na kaya ng ekonomiya (Our economy cannot bear it anymore). Before, our worry was the micro and small industries. Now, our […]
Read MoreVietnam will become an attractive destination for franchising businesses after the pandemic ends, experts have said. Nguyen Tuan, deputy director of the HCM City Investment and Trade Promotion Centre (ITPC), told the ‘Start your own business with franchise model’ seminar in the city last week: “With its positive economic growth rate last year and a […]
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Thailand
