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Cambodia: Bar owners seek eatery licences to remain open

Khmer Times has found several bars that are getting around COVID-19 closures by changing their registration licences from “bar” to “restaurant” using surrounding food service menus and food app deliveries to justify the change. The allegations were investigated after several previous and well known “bars” reopened over the past month as “restaurants”, leaving authorities unable to […]

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Philippines: BSP may cut rates by another 25 bps

MANILA, Philippines — Although inflation can be expected to remain stable, the Bangko Sentral ng Pilipinas  (BSP) may slash policy rates anew by 25 basis points in the second half to support economic recovery amid the pandemic, according to the investment banking arm of the Metrobank Group. In its latest Market Call report, First Metro […]

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Thailand: Spas, massage parlours banking on local demand

After the pandemic hammered spa and traditional massage parlours across the country during the two-month lockdown, operators are eager to serve the local market when allowed to resume services this month. As of May, there were 1,326 registered spa and massage businesses operating in Thailand, with 13 companies closed down, according to the Business Development […]

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Thailand: May prices down 3.4%, led by oil slump

The consumer price index, a gauge of headline inflation, fell 3.44% year-on-year in May, the biggest decline in nearly 11 years, led by lower prices for energy and fresh produce and the government’s efforts to reduce living costs. This was the third straight month of declines after prices fell 2.99% in April and 0.54% in […]

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Cambodia ranks ‘expensive’ mobile data in region

A recent study has found that Cambodia has one of the most expensive mobile data markets in Southeast Asia. The report released this week by Cable, a United Kingdom-based telecommunications company, found that Cambodia is the fourth most expensive country in the region when it comes to buying mobile data. The findings came after another […]

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Philippines: Lockdowns destroy jobs of 5 million Filipinos in April

MANILA, Philippines — Five million more Filipinos were left jobless by the pandemic and government-initiated lockdowns in April, in the clearest sign of socioeconomic damage from the health crisis that saw businesses getting shuttered and people unemployed. While state officials said some job losses were temporary and could have since recovered with Metro Manila’s reopening, observers cautioned the […]

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