7-Eleven, the world’s largest convenience retailer, signed a master franchise agreement with CP ALL (Cambodia) Co., Ltd., an indirect subsidiary of CP ALL Public Company Limited. Pursuant to that contract, CP ALL is the only master franchisee legally authorized to franchise, open or operate 7-Eleven stores in Cambodia. Recently, 7-Eleven, Inc. received reports that an […]
Read MoreAs many countries are still struggling with the Covid-19 pandemic and international travel restrictions to curb the spread, Thailand is restarting its crucial tourism sector to help counter a recession, starting with domestic tourists. According to the World Travel & Tourism Council report, the tourism sector accounted for 19.7% of Thailand’s GDP in 2019. From […]
Read MoreSINGAPORE: Singapore’s tourism sector is facing an existential crisis, its tourism board chief said on Wednesday, laying out plans to boost local demand after a collapse in visitor arrivals due to Covid-19 travel restrictions. Singapore had welcomed a record 19.1 million travellers in 2019 – more than three times its total population. But the island […]
Read MoreKUALA LUMPUR, July 22 — Malaysia’s Consumer Price Index (CPI) continued to decline when compared to the past year, with the overall prices of basic goods and services in the country falling by 1.9 per cent in June versus the same month last year. Following the movement control order (MCO) imposed in various phases in […]
Read MoreIndonesia recorded a further decline in foreign direct investment (FDI) realization in the second quarter this year, as the COVID-19 pandemic batters both the national and global economy. The Investment Coordinating Board (BKPM) announced on Wednesday that FDI fell 6.9 percent year-on-year (yoy) to Rp 97.6 trillion (US$6.67 billion) in the April-June period, continuing the […]
Read MoreMANILA, Philippines — The net inflow of foreign direct investments (FDIs) plunged by 68 percent to hit an 11-month low of $311 million in April from $971 million in the same month last year as many investors put on hold their plans amid the uncertainties brought about by the COVID-19 pandemic, according to the Bangko […]
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