MANILA, Philippines — The estimated reverse inbound tourism further plunged 60.56 percent to P81.05 billion in the five months to May due to travel restrictions amid the coronavirus disease 2019 or COVID-19 pandemic, the chief of the Department of Tourism (DOT) said. In a virtual press briefing yesterday, Tourism Secretary Bernadette Romulo-Puyat said international arrivals […]
Read MoreCentral Group and its subsidiaries led by Central Pattana (CPN) are launching a campaign to rebuild the economy by offering free rental space to farmers, small and medium-sized enterprises (SMEs) and students at Central malls nationwide. The group will also offer discounts of up to 90% on goods until July 31 to ease living costs […]
Read MoreKhmer Enterprise, a unit under the Ministry of Economy and Finance (MEF), Cambodia Australia Agricultural Value Chain Program (CAVAC), and the Institute of Technology of Cambodia (ITC), inked a partnership agreement to driving food-processing innovations through small and medium enterprises (SMEs) in the Kingdom. The partnership aims to help the agricultural-processing industry grow and attract […]
Read MoreThe Covid-19 pandemic has exacerbated an already uncertain residential and office property market in Bangkok, likely to lead to falling rents and a glut of vacancies, says the chief executive of Savills Thailand. “We were predicting the office market was going to come under immense pressure anyway irrespective of the Covid-19 event because the volume […]
Read MoreThe Hanoitimes – Many owners of bars and karaoke parlors have struggled with financial problems during the period of the closure, some even went bankrupt. Minister and Chairman of the Government Office Mai Tien Dung will report to the Prime Minister for consideration and permission to reopen bars and karaoke parlors as Vietnam has gradually relaxed […]
Read MoreThe government unveiled on Wednesday a bigger stimulus package worth Rp 677.2 trillion (US$47.6 billion) to anchor the virus-battered economy, the growth of which is expected to fall to a level similar to that of the 1998 Asian financial crisis. The latest budget, which is higher than the Rp 641.17 trillion initially allocated, aims to […]
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