The construction part of Yuetai Group Co Ltd’s City Gate development project along the riverfront has completed 80 percent of its shop house block while work on the other three blocks will start soon, according to the company’s sale representative staff. The project, which is also known as Phnom Penh Harbour Bay, has been building […]
Read MoreSome experts believe that the government needs to come forward and provide a guarantee for SMEs (small and medium enterprises) to access bank debts. Accounting for 90 percent of Vietnam’s total enterprises, SMEs are in an disadvantageous position to access preferential credit packages created during the COVID-19 crisis. To borrow money from credit packages, SMEs […]
Read MoreThe Finance Ministry will sell 3.17% of its stake in the financially-troubled Thai Airways International (THAI) to the state-run Vayupak 1 Fund, with the aim of stripping the airline of its state enterprise status. Transport Minister Saksayam Chidchob held a teleconference to inform THAI executives of the decision on Wednesday. He has given THAI a […]
Read MoreThailand is likely to take up to three years to return to normal economic conditions, similar to 2019, following the pandemic, according to the Thailand Development Research Institute (TDRI). Speaking at a seminar titled “New Normal for Business Sector” held by the Thai Chamber of Commerce (TCC), Somkiat Tangkitvanich, TDRI’s president, said this economic crisis […]
Read MoreThe Government needs to do more to revive the business sector, Dr Tran Hung Son, Deputy Director of the Institute for Development and Research in Banking Technology under the Vietnam National University-HCM City has said. Speaking at a conference in HCM City on May 20 he said the Government’s 300 trillion VND (12.9 billion USD) […]
Read MoreIndonesia and Singapore currently dominate the venture capital (VC) fundraising in Southeast Asia, despite a slower pace of capital raising in the first quarter this year. Indonesia raised US$161 million in the first quarter while Singapore leads with $865 million over the same period, according to a recent report by Deal Street Asia. No closes […]
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