With a recession creeping on the horizon as business activity and the economy as a whole are ravaged by the coronavirus pandemic, financial authorities have coordinated their efforts to launch a raft of relief measures for those under strain. The Finance Ministry and the Bank of Thailand last Tuesday announced a third batch of relief […]
Read More[HO CHI MINH] Ho Chi Minh City is seeking the Vietnam premier’s approval to temporarily shut down a unit of Pou Chen Corp, the world’s largest maker of athletic shoes, because of concerns about a potential outbreak of the coronavirus. Authorities for the metropolis, which has the most confirmed virus patients in the country after […]
Read MoreThe government has been rolling out a slew of relief measures to help ease the pain for businesses affected by the COVID-19 pandemic and keep investors interested in Myanmar. In an April 11 directive, the Ministry of Commerce exempted traders from import license fees for all medicines and medicinal raw materials. There were two precedents […]
Read MoreIn a move to cash in on the work-from-home trend, top hotels have teamed up with delivery services as well as the Tourism Authority of Thailand (TAT) to provide customers savoury delights in their very homes. The move also reflects a strategy by these hotels to survive amid the Covid-19 crisis. Lately Get, a leading […]
Read MoreThe Hanoitimes – The city’s real estate market took a hit in the first quarter and it will take time to recover. Retail is one of the industries hit the hardest by the Covid-19 pandemic, and is contagious to the real estate industry. Hanoi’s real estate market has witnessed the closure of many tenants when they […]
Read MoreIndonesia’s factory production contracted by a record level in the first quarter of the year as a result of weak demand and disruption to the supply chain against the backdrop of the coronavirus pandemic, the latest survey has shown. Bank Indonesia’s Prompt Manufacturing Index (PMI-BI) was recorded at 45.64 percent, the lowest level ever, compared […]
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Thailand
