The reopening of the economy has begun with the principle ‘reopening the doors anywhere it’s safe’. Hanoi and some northern provinces, HCM City and some southern provinces, and the central region have step by step loosened and removed lockdowns, while applying reasonable pandemic control measures. People’s life and production, trade and tourism activities have entered […]
Read MoreTourists are starting to return across the region, putting pressure on Cambodia to re-open its doors to foreign visitors. Prime Minister Hun Sen is considering dropping national restrictions and border controls, depending on whether Covid-19 remains under control following last week’s three-day Pchum Ben holiday. Many Cambodians had the full week off and toured the […]
Read MoreMANILA, Philippines — The country’s labor market is slowly shifting to a “less bad” situation as the economy reopens but private consumption remains a drag in the overall recovery, a global think tank said. In its latest economic monitor, UK-based Pantheon Macroeconomics said there are still some upsides even as the local job market has […]
Read MoreThe Board of Investment (BoI) approved incentives yesterday to encourage entrepreneurs to accelerate upgrading their production and machinery to “Industry 4.0” standards. Speaking after a BoI meeting chaired yesterday by the prime minister, BoI secretary-general Duangjai Asawachintachit said the incentives approved include a three-year corporate income tax exemption covering 100% of investment for Industry 4.0 […]
Read MoreMANILA, Philippines — Philippine banks continued to snub the central bank’s peso rediscount facility amid the massive liquidity in the financial system and tepid demand from corporate and individual borrowers due to uncertainties brought about by the pandemic, according to the Bangko Sentral ng Pilipinas (BSP). Despite the extension of the zero spread on rediscount […]
Read MoreThis year Vietnam targets earning $14.5 billion of export revenue from wood and forest products. More than 300 large customers from many countries participated in the trade promotion event of Vietnam’s wood industry. Many commitments and contracts were made to help Vietnamese enterprises become more confident on their quick recovery to reach a record export […]
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Thailand
