vietnamese-airlines-in-danger-of-bankruptcy-faces-risk-of-being-sued-because-of-big-debts
Read More

Vietnam air carriers in danger of bankruptcy, faces risk of being sued because of big debts

Vietnam Airlines is in an extremely difficult situation as it continues incurring losses. Private airlines, including Vietjet Air and Bamboo Airways, have also been affected financially. The Ministry of Planning and Investment (MPI) said that the Covid-19 pandemic has caused the air transport market to seriously decline. Air transport demand has decreased by 34.5-65.9 percent […]

Read More
cam05
Read More

Guangdong’s Zhanjiang port halts Cambodian frozen seafood imports

A shipping port in southern China has temporarily halted the import of frozen seafood from Cambodia due to the port’s recently reduced capacity because of newly implemented Covid-19 prevention measures. Zhanjiang, the port located in southern Guandong province, will also stop importing frozen seafood from Vietnam, India, Pakistan, Bangladesh, Newpal, Bhutan, Myanmar, Laos, Thailand and […]

Read More
phil02
Read More

Philippines global competitiveness ranking worst in five years

MANILA, Philippines — The Philippines slipped seven notches in the global competitiveness ranking, the sharpest drop in Asia-Pacific and its poorest performance over the last five years, as the country’s mediocre pandemic response led to an economic deterioration, the worst in several decades. Based on the World Competitiveness Ranking 2021 of Switzerland-based Institute for Management […]

Read More
4006275
Read More

Thailand: Nation rises one spot to 28th on IMD index

Thailand climbed one spot to 28th in the 2021 world competitiveness rankings conducted by the Institute for Management Development (IMD), boosted by improvements made in employment and public finances. However, among its peers within Asean, Malaysia and Indonesia made the greatest gains rising two places to reach 25th and three spots to reach 37th, respectively. […]

Read More