Indonesia has tried all kinds of tricks in the book to revive sluggish consumer spending, from tax-free cars to cashbacks, to little result. Now it’s turning up the hype on online shopping. More than 70 e-commerce platforms, including giants PT Tokopedia, Lazada Group SA and Shopee, are taking part in the “national shopping week” launched […]
Read MoreThe crisis in Myanmar has proven beneficial for Kampong Speu as at least 20 entities have relocated to this province. The governor of Kampong Speu, Vy Samnang said that the 20 companies have relocated from Myanmar and have been looking for various investment opportunities. Some companies, he said, have decided to lease land while others […]
Read MoreBonds issuance on the international market not only help firms diversify their capital mobilization channels, but also expand markets and further attract investment. BIM Land Real Estate, a member of BIM Corporation, has become Vietnam’s first unlisted firm completing the issuance of US$200-million green bonds without guarantee assets on the Singapore Exchange (SGX). The firm’s […]
Read MoreMANILA, Philippines — The government needs to open up public transportation to reduce the cost of mobility, especially in Metro Manila, as economists yesterday warned inflation may shoot up to seven percent within the year. Former socioeconomic planning secretary Ernesto Pernia said the Philippines may experience the same inflation rates it endured in 2018 if […]
Read MoreThe number of Covid-19 cases in Phuket must reach zero before it reopens to foreign tourists on July 1 as scheduled under the sandbox scheme, says Phiphat Ratchakitprakarn, the tourism and sports minister. The government is also planning to initiate a plan to collect 300 baht from foreign tourists starting next January to set up […]
Read MoreMALAYSIA’S first-quarter growth may not have been hit that hard by reimposed movement curbs at the start of the year, and the latest restrictions look to be relatively forgiving as well, said economists this week. Barclays economist Brian Tan said: “Our Q1 estimate suggests the economic recovery continued despite the imposition of the so-called Movement […]
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Thailand
