The Employers’ Confederation of Thai Trade and Industry (EconThai) is concerned about the growing underemployment rate that is affecting people’s purchasing power after the number of unemployed individuals reached 4.3 million since the Covid-19 outbreak began in Thailand. Underemployment refers to workers who work between 0-20 hours. They are not unemployed, according to the Labour […]
Read MoreThe shift toward e-commerce due to the COVID-19 pandemic has brought challenges to Vietnam’s retail property market, according to Savills Vietnam. “COVID-19 has posed serious challenges within the real estate market, in particular for retailers. The market has witnessed many businesses having to foreclose or reduce operations to remain afloat,” Tu Thi Hong An, director, […]
Read MoreVietnam’s consumer price index (CPI) in May was up 0.16 percent agaisnt April and 2.9 percent from last year, reported the General Statistics Office (GSO) on May 29. Compared to April, increases were seen in the prices of eight out of 11 main groups of goods and services, with transport taking the lead (0.76 percent) […]
Read MoreHealthcare in Cambodia is primed to benefit from the rush towards digitalisation and a potential spike in investment, according to Dr Vireak Chea, the chairman of EuroCham’s health committee. He made the comments at a EuroCham webinar about business sentiment and opportunities in a post-Covid recovery Cambodia. Chea noted that the onset of Covid-19 has […]
Read MoreAccording to the State Bank of Vietnam, by 2020, 70% of adults in Vietnam had a bank account, but nearly half of them did not have access to credit. The Vietnam Bank for Agricultre and Rural Development (Agribank) said that more than 70% of the population is concentrated in rural areas, but access to modern […]
Read MoreFROM targeted to total lockdowns, as we still see spiking Covid-19 infections, there are concerns whether Malaysia can achieve its forecast growth of 6% to 7% for 2021. Even if the overall economy and those already faring well recover, many businesses, individuals and households may be left further behind in an already unequal economy. The […]
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Thailand
