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Vietnam: Businesses adapt to the pandemic, offer workers temporary housing

Many businesses and manufacturers are finding ways to adapt to the COVID-19 pandemic, maintaining operations and keeping workers safe. In the first six months of the year, about 70,200 businesses were closed due to the pandemic, a year-on-year increase of 24.9 per cent, according to the General Statistics Office. Businesses in industrial parks and export processing zones in HCM City have […]

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Indonesia c.bank slashes 2021 GDP outlook to 3.8%

JAKARTA: Indonesia’s central bank has cut its forecast for 2021 economic growth to 3.8% based on early assessment of the impact of recent coronavirus restrictions, from a previous forecast of 4.6%, its governor said on Monday. Southeast Asia’s largest economy has been battling the region’s worst COVID-19 epidemic, with cases and deaths climbing at an […]

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World’s largest secure logistics firm enters Cambodian market

WorldBridge Secure Logistics (WSL) has rebranded as Brink’s WorldBridge Secure Logistics (BWSL) with the full fledged entry into Cambodia of Brink’s, the world’s largest secure logistics company. The rebrand was announced on Saturday at the Sofitel Hotel in Phnom Penh. Sear Rithy, founder and chairman of WorldBridge Group, was joined at the ceremony by United […]

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Vietnam: Online investment apps offering choice and clarity

The stupendous surge of retail investors across the globe has prompted digitally-led investment applications and online platforms to develop, as they look to automatically optimise their passive indexed portfolios. Newly-minted domestic investment app Infina successfully last week closed an oversubscribed $2 million seed round with the participation of international investors including Saison Capital, Venturra Discovery, […]

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