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Vietnamese businesses wait for new rescue package

Most enterprises say they are still experiencing a sharp decrease in revenue, cash flow imbalance and decline in confidence. Chu Tien Dung, chair of the HCM City Business Association, said a recent survey by the association found that only 5 percent of businesses have regained the normal situation and 9 percent have initially overcome difficulties, […]

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Thailand: Sluggish recovery

Assurance of a gradual economic recovery has been repeated by Thailand’s financial authorities using empirical evidence, but the reality on the ground reveals more pain in the near term. Despite signs of business activity re-emerging after strict lockdown measures were eased, the Covid-19 pandemic is challenging the business cycle. Sluggish economic conditions and subdued earnings […]

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Philippines: Government to reopen more sections of economy

MANILA, Philippines — The government is committed to re-open  more sections of the economy in line with  efforts to return to a growth trajectory, according to the National Economic and Development Authority (NEDA). In a statement over the weekend, Acting Socioeconomic Planning Secretary Karl Chua said the government would also ensure the greater availability of […]

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Laos gets rail boost from China

NEWS flow on the construction of the China-Laos railway is giving confidence that the mega infrastructure will be on track for completion in December next year, and Laos will reap vast economic benefits from the project. Last month, the Laos-China Railway Company announced that the boring of the final tunnel of the 414km rail project […]

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