Because of the global tourism market slowdown caused by the Novel Coronavirus Covid-19 and its impact on Cambodia, the Pacific Asia Travel Association Cambodia Chapter (PATACC), which represents about 135 members across the country, has submitted a letter to the government requesting urgent measures. The letter obtained by Khmer Times, reveals the group has requested the […]
Read MoreVietnam is the fastest-growing digital economy in the region, in large part due to investment inflow which is still on an unprecedented rise. Over the last four years, approximately US$1 billion in funding has poured into Vietnam’s e-commerce sector, reaching a record high in 2019. At the same time, the last two years has seen the […]
Read MoreThe Federation of Thai Industries (FTI) forecasts 19 industrial sectors will be affected by the coronavirus outbreak in terms of export volume and logistics systems from Thailand to China. Supant Mongkolsuthree, the FTI’s chairman, said the epidemic has both positive and negative outcomes from a business perspective. “Five sectors can take advantage of this situation […]
Read MoreDue to the novel coronavirus outbreak, the Ministry of Health (MoH) has suspended flights to the provinces of Hubei, Zhejiang and Jiangsu in the People’s Republic of China, in addition to reducing the number of flights to Hong Kong and Taipei. With local authorities issuing travel bans and suspensions of flights, especially from mainland China, […]
Read MoreThe Hanoitimes – Experts believed European investors would eye Vietnamese banks which have some good criteria. It has been easier for foreign investors to pour into Vietnamese banks under the country’s commitments in free trade agreements. Under the EU-Vietnam Free Trade Agreement (EVFTA) ratified recently by the European Parliament, Vietnam and the EU have committed to […]
Read MoreMANILA, Philippines — For the third straight month, more speculative funds exited the Philippines as net outflow amounted to $486.1 million in January, reversing the $762.82 million inflow recorded in the same month in 2019. The Bangko Sentral ng Pilipinas (BSP) traced the net outflow of foreign portfolio investments last month to the continuing geopolitical […]
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