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CCBPI to continue investing in Philippines

MANILA, Philippines — The Coca-Cola Company will continue to expand its investments in the Philippines, optimistic about the overall prospects for economic recovery, according to its top official. In an interview with The STAR, Coca-Cola Beverages Philippines Inc. (CCBPI) president and CEO Gareth McGeown said while the company’s 2021 numbers were down, the year saw […]

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Thailand: TAT eager to lure neighbours

The Indonesian and Malaysian markets are being excluded from the approval list to visit the Phuket sandbox, though there is demand to visit Thailand in those countries, says the Tourism Authority of Thailand (TAT). Sophon Tantayotai, director of the TAT’s Jakarta office, said Indonesian tourists can take overseas trips and travel sentiment on social media […]

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Vietnam: The digital economy in the new normal

Vietnam’s e-commerce has been growing rapidly, and when the pandemic is over, the e-commerce market is expected to be even more robust. Nguyen Duc Hien, Deputy Head of the Party Central Committee’s Economics Commission, said the Politburo’s Resolution 52 on guidelines and policies in the 4.0 industry revolution says the digital economy is a pillar […]

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1 in 2 S’pore residents say they cannot cope financially in event of illness or job loss: Survey

SINGAPORE – With people living longer lives on average, achieving financial security for one’s old age has grown more challenging. A study commissioned by Prudential Singapore found that the Covid-19 pandemic has put further strain on Singaporeans’ financial planning. Two reports were released on Monday (Sept 27) covering the the topics of financial planning amid […]

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Philippines: Property prices continue to drop

MANILA, Philippines — The year-long slump in the prices of condominium units dampened the national housing prices for the second straight quarter amid weak demand caused by the impact of the pandemic. The Bangko Sentral ng Pilipinas (BSP) said the prices of condominium units fell for the fourth straight quarter, contracting by 14.3 percent in […]

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Thailand: Reopening faces more hurdles

Prime Minister Prayut Chan-o-cha’s vow on June 16 to reopen Thailand by mid-October can be deemed a failure as only a few islands are welcoming vaccinated foreigners. Five major tourist destinations — Chiang Mai, Chon Buri, Hua Hin, Phetchaburi and Bangkok — were scheduled to reopen on Oct 1, but a Centre for Covid-19 Situation […]

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