SINGAPORE – More restaurants and eateries in Singapore will shut their doors if dining-in restrictions are extended past the circuit breaker period, according to a survey by online restaurant reservation platform Chope out on Wednesday (May 20). The survey reported that 42 per cent of restaurants, or about two in five, said they would not be able to operate […]
Read MoreMANILA, Philippines — The share of the country’s debt to its gross domestic product (GDP) slightly eased to 41.8 percent in the first quarter, but may increase by the end of the year as the government continues its fight against the coronavirus disease 2019 or COVID-19 pandemic. In his latest economic bulletin, Finance Undersecretary and […]
Read MoreThe pandemic is likely to cause the residential market nationwide to fall by 15% this year, in line with a forecast 5.5% contraction of GDP growth and a sharp drop in housing absorption rate, according to the Real Estate Information Center (REIC). Vichai Viratkapan, REIC acting director-general, said the centre downgraded housing market growth this […]
Read MoreThe Ministry of Agriculture, Forestry and Fisheries and the International Rice Research Institute (IRRI) inked their collaborative work plan for 2020-2023 yesterday. The agreement aims to further strengthen the cooperation between the two organisations for the crops research and development activities that has been going on for many years. IRRI’s support for Cambodia’s rice sector […]
Read MoreIn a document to the government, the Vietnam Association of Foreign Invested Enterprises (VAFIE) suggested developing casino services and prize winning games as a solution to recover the economy after the epidemic ends. The Prime Minister has given instructions to quickly recover and develop domestic tourism, and prepare necessary conditions to resume international tourism once […]
Read MoreFollowing the easing of traffic restrictions in Myanmar, domestic oil consumption has risen from its trough in late April and prices are expected to remain on the upside . “Domestic consumption has just started increasing again after the past two months as there are fewer cases of the virus being reported. In April, the market […]
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Thailand
