Vietnam takes the fourth position in the access-to-electricity index in 2019 in the Association of Southeast Asian Nations (ASEAN), with 82.2 points, according to the World Bank’s Doing Business report. The index was up 0.3 point compared to 2018 and ranked 27th out of 190 countries and economies, the Electricity and Renewable Energy Authority under […]
Read MoreMANILA, Philippines (UPDATE 2 12:43 p.m., May 7)— The Philippine economy shrank for the first time in more than 21 years in the first quarter, the clearest sign of damage from the coronavirus pandemic which both government officials and analysts expect to worsen this quarter. Gross domestic product (GDP), the sum of all goods and services […]
Read MoreSINGAPORE – The project completion period (PCP) for eligible residential, commercial and industrial developments will be extended by six months with immediate effect. That means if the projects were originally required to be completed on Feb 1, they must now complete them by Aug 1. Married Singaporean couples will have one year instead of six […]
Read MoreThe impact of COVID-19 might linger long after the pandemic ends as stakeholders in tourism, one of the hardest-hit sectors, brace for a major shift in customer behaviour and preferences after the dust settles. As tourists drop travel plans on the back of social distancing requirements, the government, initially set to develop tourism as the […]
Read MoreLong before we learnt about the coronavirus, digital money had already been gaining currency with consumers, small businesses and large institutions in recent years as it facilitates transactions in a fast-changing world driven by the forces of globalisation, urbanisation and digitisation. Closer to home, the adoption of digital payments has been particularly rapid in ASEAN due to the […]
Read MoreKUALA LUMPUR, May 7 — Textile traders at Jalan Tuanku Abdul Rahman and Masjid India are finding it hard to revive their businesses that have been shut for over 40 days as a result of the movement control order (MCO). The extended duration without any sales have left them with a backlog of unpaid debt […]
Read More
Thailand
