SINGAPORE – The move to relax restrictions and enter phase three of the economy’s reopening on Dec 28 has been welcomed by businesses, with those in retail, restaurants and the tourism sector hopeful of a boost to sales or footfall by 10 to 20 per cent. But a real game changer for the economy could be when […]
Read MoreMANILA, Philippines — Strong typhoons that slammed Luzon hurt demand for cars in November, pushing sales down back in the red and marking a major setback for the auto industry’s goal of hitting a watered down projection this year. Car and truck manufacturers sold 23,162 units in November, down 7.4% on a month-on-month basis, a joint report by […]
Read MoreSINGAPORE and the United States of America have signed a memorandum of understanding (MOU) to deepen economic cooperation and extend trade financing and investment support to companies in both countries. The renewable, two-year MOU will be overseen by the US Department of Commerce and Singapore’s Ministry of Trade and Industry (MTI), MTI said in a […]
Read MoreTourism in the high season has been affected by fraud detected in the stimulus scheme, as most hotels saw guests abruptly pause bookings to wait for the government subsidy. Irregularities in the recent transactions of 514 hotels and stores participating in the “We Travel Together” campaign made the government postpone the addition of 1 million […]
Read MoreThe Hanoitimes – While debt-to-equity swap may pose risks to the economy, this practice is actually an efficient channel for enterprises to mobilize capital, Lawyer Ha Huy Phong, CEO of Inteco law firm told Hanoitimes in an interview. Do current regulations in Vietnam allow the debt for equity swap? A debt capital market does not only […]
Read MoreCambodia’s exports in clothes, footwear and travel goods were down 9 percent for the first 10 months of the year measured against 2019 year-to-date (YTD) figures, according to data from the General Department of Customs and Excise (GDCE). The total value of these export products between January and October was $8.215 billion. Broken down by […]
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Thailand
