While most enterprises have had to scale down their business during Covid-19 and give back their retail premises to landlords, Japanese retailers have continued to open more shops in Vietnam recently. The Japanese retail brand Muji in late July opened its first pop-up store on the first floor of Parkson Center in HCM City’s district […]
Read MoreVisa, a world leader in digital payments, said on Wednesday (September 2) that nearly nine in 10 Thai consumers are interested in transacting through digital platforms. The Visa Consumer Payment Attitudes Study tracked payment habits, attitudes and explored emerging topics related to payments across Southeast Asia including Thailand. The study also found that four out […]
Read MoreVietnam’s Civil Aviation Authority is working on a plan to resume international flights from Sept 15 with all passengers quarantined for 14 days upon arrival in the country, according to a post on the government’s website, which cited Dinh Viet Thang, director of the authority. The first international flights under the plan will be to […]
Read MoreIndonesia recorded the lowest inflation in two decades in August as consumer prices fell due to weakening purchasing power, Statistics Indonesia (BPS) announced on Tuesday. BPS said Indonesia’s consumer price index (CPI) declined to 1.32 percent in August. The CPI fell further below Bank Indonesia’s 2020 inflation target of 2 to 4 percent to reach the lowest level since May 2000, […]
Read MoreFour multi-purpose buildings will be constructed in Phnom Penh, Koh Kong and Kep to support China’s Belt and Road Initiative (BRI). The BRI is an ambitious programme to connect Asia with Africa and Europe via land and maritime networks along six corridors with the aim of improving regional integration, increasing trade and stimulating economic growth. […]
Read MoreMANILA, Philippines — Manufacturing conditions in the country deteriorated further in August as the reimposition of a strict two-week lockdown stalled factory operations. The headline IHS Markit Philippines Manufacturing Purchasing Managers’ Index (PMI) fell anew to 47.3 in August from 48.4 in July. This reading, however, was still above the record low PMI of 31.6 […]
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