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Vietnam: Coffee shop chains increase presence

Despite the pandemic restrictions, the race to open more shops between coffee brands continues full steam ahead. After only five months presence in Vietnam, last month Thai coffee chain Café Amazon announced its plan to open even more stores nationwide this year. A representative of the chain said that Vietnam is still a highlight for […]

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Thailand: Domestic car sales jump 93% y/y

Domestic car sales surged 93.07% in April from a year earlier to 58,132 vehicles, coming off a very low base last year when the country was in a full lockdown, the Federation of Thai Industries said on Thursday. Sales rose 25.47% year-on-year to 74,295 cars in March, a month before a third wave of coronavirus […]

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Malaysia: Employment dilemma

PETALING JAYA: Amid skyrocketing Covid-19 cases in Malaysia, various industry groups have spoken on the impact on businesses should stricter standard operating procedure (SOP) be implemented, with employment being a key concern. Business chambers and manufacturers have been making known their worries that another round of strict movement restrictions would hurt businesses and reverse the […]

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Philippines ranks high on cigarette tax policy

THE Philippines received the highest score among its peers in the Association of Southeast Asian Nations (Asean) in an independent global study that rated cigarette tax policy performance over a six-year period from 2012 to 2018. A 2020 Tobacconomics Cigarette Tax Scorecard study involving cigarette taxation in more than 170 countries, said the Philippines was […]

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Thailand: Exposing the cracks within tourism

The global pandemic has revealed weaknesses hidden within Thailand’s tourism strategy for decades. Deserted walking streets and shuttered hotels can be found everywhere today with no sign of recovery in sight, as 80%-90% of tourism-related businesses have closed because of the lack of foreign visitors. This market contributed up to two-thirds of the industry’s total […]

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Philippines: Infra, capital spending inch up 41% in March

State expenditures on infrastructure and capital outlays increased in March due to public works projects around the country, the Department of Budget and Management (DBM) said on Thursday. The DBM’s latest disbursement report showed expenditures up 41.1 percent to P87.8 billion in the third month of 2021 versus P62.2 billion a year ago. It was […]

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