The Hanoitimes – M&A in hotels and resorts is expected to thrive as the social distancing orders have left devastating affects on low-end hotels and budget accommodations. Low or no occupancy at all are leaving many hospitality businesses in Vietnam on the verge of bankruptcy. However, this situation provides significant merger and acquisition (M&A) opportunities. More […]
Read MoreAgriculture experts have criticized the government’s agrarian reform program a lack of progress that led to low production yield and mounting food imports, pointing to possible food shortages if the COVID-19 pandemic continues. University of Indonesia (UI) senior economist Faisal Basri has voiced his concerns over the increasing number of food imports over the years, saying that […]
Read MoreCambodia Chamber of Commerce (CCC) and Securities and Exchange Commission of Cambodia (SECC) – the country’s securities regulator – signed a memorandum of understanding (MoU) in a move to team up concerning raising awareness, while encouraging firms to join the local stock market. The MoU was signed between CCC’s president Kith Meng and SECC’s Chairman […]
Read MoreMANILA, Philippines — The Philippines is likely to benefit from global trade redirection and relocation of production sites as a result of the coronavirus pandemic and the still unresolved trade spat between the US and China, according to Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno. In a text message to reporters, Diokno said the […]
Read MoreMyanmar is planning to take a US$60 million loan from the Asian Development Bank (ADB) to establish a Credit Guarantee Corporation (CGC), U Maung Maung Win, the Deputy Minister for the Ministry of Planning, Finance, and Industry, said in Parliament on May 21. The proposal was sent by the President. U Maung Maung Win said […]
Read MoreMoody’s Investors Service says Cambodia has strong fiscal buffers to counter disruptions to trade and growth arising from the COVID-19 pandemic. In a statement released in Singapore Friday, the US credit rating agency said slowdowns in China, the EU and the US would deter Cambodia’s growth prospects this year, with GDP forecast to contract 0.3 […]
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Thailand
