Economic and tourism recovery driven by vaccinations will help revive the sluggish property market in tourism-reliant provinces which have been hit hard since the spread of Covid-19. Vichai Viratkapan, acting director-general of the Real Estate Information Center (REIC), said the property market of provincial economies that rely on tourism felt a severe impact from the […]
Read MoreASIAN consumers are set to account for half the world’s growth in consumption, amounting to some US$10 trillion by 2030, according to a research study from McKinsey Global Institute. But businesses hoping to tap this golden opportunity will face challenges of shifting preferences, demographics and diversity, the report warned. Gaping differences within consumer demographics, due […]
Read MoreMANILA, Philippines — The net inflow of foreign direct investments (FDIs) more than doubled in March as the gradual reopening of the economy further boosted investor sentiment, according to the Bangko Sentral ng Pilipinas. BSP Governor Benjamin Diokno said the net FDI inflow amounted to $808 million in March, up by nearly 140 percent from […]
Read MoreThailand’s food exporters have found opportunities in the midst of the current crisis brought on by the COVID-19 pandemic. As consumers worldwide visit supermarkets and dine in restaurants less often, they are buying more processed and canned foods to cook at home as well as more ready-to-eat foods. Thailand recorded a healthy growth in the […]
Read MoreMany shops hit hard by Covid-19 have had to close, but some foreign retailers have taken advantage of the opportunity to scale up their business in Vietnam. The Covid-19 crisis has hit the fashion industry hard worldwide, causing a loss of hundreds of billion of dollars. US fashion retailer J.Crew, for example, filed for bankruptcy. […]
Read MorePrime Minister Hun Sen on June 10 announced the commencement of commercial gold mining operations in the Okvau area in southwestern Mondulkiri province’s Keo Seima district from June 21. The announcement comes after 14 years of exploration and research by Australian miner Renaissance Minerals (Cambodia) Ltd. The company will be the first to commercialise the […]
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