YANGON: Two years after opening his garment factory in Myanmar, Li Dongliang is on the verge of closing down and laying off his 800 remaining workers. Business had been struggling because of the Covid-19 pandemic, but after a Feb 1 coup that sparked mass protests and a deadly crackdown, during which his factory was set […]
Read MoreMore than 54 million mobile phones were produced in Vietnam in the first three months of 2021. The phone and phone component industry also earned revenue of over US$14 billion in the same period. Production of electronic products, computers and optical products continued to grow in the first quarter of 2021 with an increase of […]
Read MoreWith more than 90 percent of registered companies in Cambodia being small and medium-sized enterprises (SMEs), experts yesterday highlighted the need for firms to embrace social media strategies if they wish to enter the global market. The yet-to-be ratified Regional Comprehensive Economic Framework trade deal and other free trade agreements (FTAs) have forged a path […]
Read MoreMANILA, Philippines — The Philippines’ tourism industry is poised to recover last in Asia as the country struggles to arrest coronavirus spread, likely dealing a huge blow on what was once a booming dollar source for the economy. Together with India, Malaysia and Indonesia, the Philippines is likely to be among the “laggards” in Asia’s […]
Read MoreCambodia’s exports to the world’s largest economy increased in the first two months of this year. Data from the US Census Bureau showed that, from January to February, Cambodia exported $1.12 billion of goods to the US, a 3.3 percent increase compared with the same period last year. At the same time, Cambodia’s imports from […]
Read MoreAirlines are urging the government to shut down domestic travel during the Songkran holiday period to prevent a third wave of Covid-19, or else Thailand’s tourism will risk losing more over the long run. With the fresh outbreak starting to spread from entertainment hubs in Bangkok to 20 provinces, the contagion must be nipped in […]
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