KUALA LUMPUR: The signing of the Regional Comprehensive Economic Partnership (RCEP) Agreement will be the central outcome of the 37th Asean Summit and Related Meetings, to be held virtually from Nov 9-15. The Asean Summit will be hosted by Vietnam who is the Asean chair for 2020. The RCEP agreement would make this grouping the […]
Read MoreCOVID-19 has had an unprecedented impact on small and medium-sized businesses as well as large multinationals. Notwithstanding this very challenging environment, businesses could take advantage of the uncertain times and leverage opportunities to review, reset and restructure certain sections of their supply chains. By renewing their strategies in response to this disruption, they may seize […]
Read MoreLandlords are turning to innovative means to stay relevant, as Covid-19 has accelerated trends in consumer behaviour, forcing landlords and retailers to rethink their business operations and strategies, said CBRE Research in its latest paper. In fact, when countrywide lockdowns and home quarantines were first implemented, retail sales in Southeast Asia suffered double digit declines. […]
Read MoreThe International Monetary Fund (IMF) is projecting that Cambodia will be the third-fastest growing economy in ASEAN next year and the region’s fastest growing economy in 2025. In its World Economic Outlook released during the IMF’s annual meeting on Tuesday, Cambodia’s economy is forecast to shrink 2.8 percent this year — slightly more than the […]
Read MoreMANILA, Philippines — The Asian Development Bank (ADB) is urging policy makers in Southeast Asia to tap into green financing to raise funds for projects that will help economies recover. A new report by the Manila-based multilateral agency, “Green Finance Strategies for Post-COVID-19 Economic Recovery in Southeast Asia,” said innovative financing can help catalyze the […]
Read MoreTHE use of livestreaming to sell products has ballooned in South-east Asia this year, according to a survey of regional businesses. That’s even as e-commerce gross merchandise value (GMV) rose to US$1.3 million in the second quarter of 2020, among the more than 1,000 sellers polled in four key markets. Their GMV for that period […]
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Thailand
