Snapchat parent company Snap Inc. plans to open an office in Singapore this year – its first office in Southeast Asia – in a bid to expand and streamline its services in the region. The company has appointed former Asia-Pacific senior director and head of instant messaging application Viber, Anubhav Nayyar, to join Snap Inc. […]
Read MoreMANILA, Philippines — The policy measures taken by members of the Association of Southeast Asian Nations (ASEAN), including the Philippines, to cushion the impact of the coronavirus disease 2019 or COVID-19 are not enough to offset the rising recessionary or credit risks, according to Moody’s Investors Service. In a report, Deborah Tan, assistant vice president […]
Read MoreThe coronavirus pandemic has left tremendous impact on Vietnam’s footwear industry, with the lack of production orders and the consequent drop in exports forcing them to lay off employees. The situation would worsen if the coronavirus is not put under control in Europe and the United States. That Hue Phong Leather Shoes Co., Ltd. and […]
Read MoreThailand can expect another wave of business closures in the second half of 2020 as the economic consequences of the pandemic, lockdown and withdrawal of tourists reverberate nationwide, says the Employers’ Confederation of Thai Trade and Industry (EconThai). The group bases its prediction on weak individual purchasing power, a global economic slowdown dealing a blow […]
Read MorePUTRAJAYA, June 25 — The increase in chicken prices following the implementation of the Festive Season Maximum Price Control Scheme was due to limited supply after demand declined during the movement control order (MCO). Domestic Trade and Consumer Affairs Minister Datuk Alexander Nanta Linggi said the demand for chicken plunged when business premises, restaurants, hotels, […]
Read MoreThe triannual “Publish What You Fund” international aid transparency index was released on Wednesday, ranking several prominent Cambodian development donors and stating that overall transparency is improving. Launched in 2008, the independently researched index measures how transparent and available development aid data is using 35 indicators. These indicators are then grouped into five components: finance […]
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