Investors are confident in the long-term future of the Asia-Pacific hotel market despite the continuing pressure of the pandemic on tourism and hospitality, says the property services company JLL. According to a survey of around 100 investor clients in January this year, about 70% say they are bullish on the Asia-Pacific hotel market and are […]
Read MoreThe performance of the Retail Sales Index (RSI) in Brunei Darussalam continued to show an increase of 21.3 per cent year-on-year in the fourth quarter (Q4) 2020, with an estimated retail sales value of BND455.6 million, the Department of Economic Planning and Statistics (JPES) stated in a release. As for the food and beverages services […]
Read MorePoor sales, supply chain disruptions, revenue decreases and personnel cuts have all occurred to enterprises amid the Covid-19 pandemic. The VIetnam Chamber of Commerce and Industry (VCCI) and World Bank in Vietnam have jointly conducted a survey to assess the impact of the pandemic on Vietnam’s enterprises. More than 87 percent of enterprises have suffered […]
Read MoreUPDATED figures confirm that the labour market “turned the corner” in the fourth quarter of 2020, though risk factors remain, said Manpower Minister Josephine Teo at the release of the Labour Market Report on Tuesday. These risks include the lack of a major reopening of international borders, the tapering off of government support schemes, and […]
Read MoreThe Kingdom’s financial sector remains largely resilient and stable despite the latest COVID-19 outbreak, according to Say Sony, senior vice-president and chief marketing management of PRASAC microfinance deposit-taking institution (MDI). He said he does not know the ultimate impact of the so-called Feb 20 community incident, caused by four Chinese nationals escaping from quarantine at […]
Read MoreMANILA, Philippines — Remittances contracted for the second straight month in January, declining by 1.7 percent as more overseas Filipino workers (OFWs) are still being displaced worldwide, a year after the COVID-19 outbreak was declared a global pandemic, according to the Bangko Sentral ng Pilipinas (BSP). Data released by the central bank showed personal remittances, […]
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Thailand
