Two fresh market operators — Yingcharoen in Saphan Mai and Number One in Bang Na — are ramping up their online shopping channels in an effort to stay afloat after traffic plummeted at their fresh markets because of the viral outbreak. Yingcharoen fresh market reintroduced online shopping for customers two weeks ago after pausing online […]
Read MoreThe Council for Development of Cambodia (CDC) has given the green light to six new investment projects with a total investment capital of $23.5 million. According to two separate CDC’s press releases, the new projects approved are expected to create more than 4,000 jobs for the locals. The six approved projects cover the production of […]
Read MoreS&P Global Ratings has revised its outlook on Thailand to stable from positive on Covid-9 uncertainty, with a possible downgrade given persistently sluggish economic recovery. The firm, however, affirms the country’s BBB+ long-term and A-2 short-term foreign currency sovereign credit ratings. “We are revising our outlook on Thailand to stable from positive due to our […]
Read MoreThailand’s job losses may reach 10 million if the coronavirus outbreak continues for a few months, a business advisory council said on Monday. The kingdom’s economy is being hit hard by the virus outbreak and is heading into a recession. “We think about 7 million jobs have been lost already, and the figure will hit […]
Read MoreAPPEARING AT THE END OF 2019, THE NEW CORONAVIRUS (COVID-19) HAS SPREAD RAPIDLY AROUND THE WORLD. AND LIKE CONSUMERS IN MANY OTHER MARKETS, VIETNAMESE CONSUMERS ARE CONCERNED ABOUT THE OUTBREAK, RESULTING IN A SIGNIFICANT IMPACT TO THEIR LIVING AND CONSUMPTION HABITS. Therefore, Nielsen Vietnam, in conjunction with Infocus Mekong Mobile Panel, conducted a survey to […]
Read MoreThe spread of COVID-19 is expected to hit Indonesian banks’ performance this year, but analysts remain hopeful that the industry will still be resilient enough to face the challenges the pandemic is bringing to the economy. Moody’s Investors Service has downgraded Indonesia’s banking industry outlook, along with 11 other countries in the Asia Pacific region, to negative […]
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