Overseas e-commerce companies Lazada and Shopee may lose their positions in Vietnam if they keep demonstrating limitations in protecting consumers from low-quality and fake goods. During the social distancing period fuelled by the ongoing pandemic, e-commerce platforms in the country recorded significant growth in the number of orders as all physical stores stood closed, and […]
Read MoreBoxing stadiums, massage parlours, spas, cinemas, convention venues and tutorial schools are among the moderate-risk category of businesses and activities expected to be allowed to reopen for the third stage of Covid-19 lockdown easing next month. However, pubs, bars and night entertainment venues will remain closed. Tanarak Plipat, the deputy director-general of the Disease Control […]
Read MoreExperts have recommended investors consider carefully before buying old apartments to ensure investment efficiency. One of the main issues is that the time it takes to rebuild an apartment building is variable, and consequently has a large impact on payback. After more than 10 years of implementing a plan to rebuild old apartment buildings in […]
Read MoreThe country’s household bad debt is expected to reach 1 trillion baht this year, putting the ratio to total loans outstanding into double digits as debt-servicing ability erodes amid coronavirus-induced income shocks, says the head of the National Credit Bureau (NCB). Non-performing loans (NPLs) are surging in the second quarter, in line with projections that […]
Read MoreMANILA, Philippines — Dutch financial giant ING sees the peso breaching the 52 to $1 level this year with the 6.9 percent drop in remittances from overseas Filipino workers (OFWs) due to the coronavirus disease 2019 or COVID-19 pandemic. Nicholas Mapa, senior economist at ING Bank Manila, said in the bank’s latest global markets research […]
Read MoreSINGAPORE – Some 20 to 30 per cent of mom-and-pop shops may go belly up in four to six weeks if they have to continue to stay shuttered. President of the Federation of Merchants’ Associations, Singapore (FMAS) Yeo Hiang Meng has called for the Government to allow these heartland enterprises to resume business in two weeks, among […]
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Thailand
