The Hanoitimes – Of member companies that are able to estimate the impact, 70% say the coronavirus is expected to reduce their revenue by 10% or less this year. Members of the American Chamber of Commerce in Hanoi (AmCham) are concerned about the health impact of the coronavirus in Vietnam, and are very concerned about the […]
Read MorePyidaungsu Hluttaw on February 14 passed a new Insolvency Law to further strengthen the business environment and draw more foreign investors to the country. The new legislation will become effective after a notification is issued by the President of Myanmar. The new law replaces the Yangon Insolvency Act (1909) and the Myanmar Insolvency Act (1920). […]
Read MoreThe Cambodian Chamber of Commerce and other business chambers including the Malaysian Business Council of Cambodia, European Chamber of Commerce in Cambodia and American Chamber of Commerce in Cambodia have expressed their regret over the recommendation by the European Commission to partially withdraw the Everything but Arms (EBA) trade preference. If ratified, as expected by […]
Read MoreSINGAPORE has cut its export forecasts for 2020, no thanks to the impact of the novel coronavirus outbreak on key trade partners, as well as the drag from lower oil prices. Year-on-year change in non-oil domestic exports (NODX) is expected to range between a 0.5 per cent drop and a 1.5 per cent rise this […]
Read MoreBorder trade between Thailand and Myanmar is set to increase this year thanks to the second Thai-Myanmar Friendship Bridge and the implementation of Cross Border Transport Facilitation Agreement (CBTA). The second Thai- Myanmar Friendship bridge connecting Myawady in Myanmar and Mae Sot in Thailand opened in October of 2019. Meanwhile, the CBTA, which also came […]
Read More[SINGAPORE] Singapore banks’ loan growth will slow to 1.5 per cent in 2020, down from 3.1 per cent last year, given the stiff economic headwinds facing Singapore from the coronavirus (Covid-19) outbreak, Fitch Solutions Macro Research forecast in a report released on Friday. The likelihood of a more pronounced slowdown is likely to weigh on […]
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