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Philippines: Omicron woes continue to dominate market

WORRIES on the Omicron variant continued to prevail over the local bourse, prompting it to slip down the 7,100 territory on Tuesday. The bellwether Philippine Stock Exchange index declined by 0.98 percent, or 70.55 points, to its intraday low of 7,167.06, while the broader All Shares dipped by 0.59 percent, or 22.71 points, to finish at 3,805.67. Japhet […]

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Thailand: Quarantine back for travellers

The government has decided to temporarily suspend the entry of both Thais and foreign arrivals under the “Test & Go” scheme and restore mandatory quarantine in a bid to keep the Omicron coronavirus variant at bay. Prime Minister Prayut Chan-o-cha said the government would stop approving new applications for Test & Go entries — except […]

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Vietnam’s 10 outstanding M&A deals in 2021

During the 10-month period, Vietnam’s M&A market attracted over US$8.8 billion, a surge of 18% against 2020 and 13.7% compared to the pre-pandemic period in 2019. In 2021, the Covid-19 pandemic and emergence of new variants continue to put the world’s economy under great challenges. Vietnam’s M&A market, however, has remained firm on track of […]

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Thailand: Hotels cringe as ‘Test & Go’ withers

Thai tourism is expected to hit a dead end after the Centre for Covid-19 Situation Administration decided to temporarily suspend the “Test & Go” scheme and freeze Thailand Pass approval for this scheme from today. Phuket is allowed to continue its sandbox programme, while entry is allowed to all provinces with quarantine. “We’ve learned from […]

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