MANILA, Philippines — Hotel operators in the Philippines are looking to take in additional bookings from domestic tourists this year to make up for the lack of foreign guests due to travel restrictions set by the government. Paul Ryan Isip, head of capital markets of property consultancy firm JLL Philippines, said hotels still anticipate a […]
Read MoreRural consumers are increasingly shop online, with 46 per cent of internet users engaged in online shopping activities. This was revealed in an annual report on consumer behaviour, consumption of media, brand usage and awareness of consumers in rural and suburban areas of Việt Nam, which was produced by Facebook and GroupM Việt Nam. Rural and suburban […]
Read MoreVietnam has for the first time released a list of sectors which foreign investors are restricted or banned from accessing. The list was issued along with Government Decree No 31/2021/ND-CP dated March 26, 2021. The list specifies 25 business lines prohibited for foreign investors, including trading in goods and services subject to State monopoly; press […]
Read MoreThe Bank of Thailand pledges to keep a close watch on the fresh wave of Covid-19 infections and, in particular, the government’s measures in containing the infections as well as people’s consumption behaviour. Mathee Supapongse, the central bank’s deputy governor for monetary stability, said at an analyst meeting on Friday that it remains too early […]
Read MoreBrunei-Muara District has the highest population of 316,100 persons (69.7 per cent of the total population). This is followed by Belait District with 74,800 persons (16.5 per cent), Tutong District 51,500 persons (11.4 per cent) and Temburong District 11,200 persons (2.5 per cent), the Department of Economic Planning and Statistics (DEPS) stated in the Report […]
Read MoreThe first three months of the year have witnessed more local businesses beef up their mergers and acquisitions efforts in order to scale up operations. In January, seafood processing company Vinh Hoan Corporation scooped up 51.29 per cent stake in Sa Giang Import Export Corporation. The company spent nearly $15.2 million buying 3.56 million shares […]
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