vn01
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StanChart lowers Vietnam’s 2020 growth forecast to 3.3%

The Hanoitimes – Standard Chartered Bank is the latest institution to trim Vietnam’s growth projections due to weaker external demand and domestic consumption. Standard Chartered Bank has joined other financial institutions to trim forecasts for Vietnam’s 2020 economic growth, lowering its projections for the country’s growth to as low as 3.3% in 2020 due to increase […]

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Indonesia – I prefer it in cash: Passengers, travel agents upset over airline refund policy

Air passengers and travel agents are not happy about airlines’ refund policies as the COVID-19 pandemic hits air travel demand. A recently issued government policy that bans all passenger travel further exacerbates the situation. Chandra Hidayatul Akbar, 24, who lives in Medan, North Sumatra, has to accept the fact that low-cost carrier AirAsia Indonesia will only give […]

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Thailand: At-cost power bills get ministry nod

The Energy Ministry approved a plan on Thursday to charge mid-sized and large businesses for electricity at cost instead of mandatory minimum pricing from April to June, another relief measure to help shuttered companies with their power bills. The decision came after calls from the Federation of Thai Industries (FTI) and the Thai Chamber of […]

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