E-commerce platform Shopee has found a significant increase in male users buying ingredients as food sales on its platform surged during the social distancing period. Shopee Indonesia director Handhika Jahja said men’s purchases of fresh, frozen and instant food products had increased six-fold compared to last year, suggesting that men had been making more home-cooked meals […]
Read MoreMANILA, Philippines — Despite the push in renewable energy development, Southeast Asian countries are expected to continue increasing their coal imports amid coal power plant investments in the region. In last week’s Philippines Commodity Market Insights forum, S&P Global Platts said the burgeoning coal demand in the Southeast Asian region has captured investors’ attention with […]
Read MoreThailand’s banking sector has been disrupted yet again, but this time it’s not a sophisticated new technology creating turbulence. Rather, it’s a microscopic virus that induces fear of immense collateral damage that could shake the country’s financial pillars to its core. Despite having no locally transmitted infection for more than a month in Thailand, the […]
Read MoreVietnam may have seen an over 50% decline in the number of tourist arrivals over the past five months due to Covid-19 but the situation is only expected to worsen, as the crisis has been forecast to reach its peak in the next few months, with even large travel companies finding it tough to survive. After […]
Read MoreThe US government has provided a total of $56 million to support Cambodia’s social and economy development programme in 2020, including $18 million to promote the Kingdom’s agriculture sector, according to a joint statement. The Cambodian government, through the Council for the Development of Cambodia (CDC) and the US government, through the US Agency for […]
Read MoreThe COVID-19 pandemic continues to drag on local currency bond markets in emerging East Asia, including Vietnam, as investment sentiment globally and in the region wane and containment measures limit economic activity. According to the latest issue of the Asian Development Bank’s (ADB) Asia Bond Monitor, Vietnam’s local currency bond market posted a healthy 9.5 […]
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