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Thailand: Investment buyers flock back to condo market

Condo investment buyers are starting to rule the market again by scooping up ready-to-transfer units at discount prices and speculating to reap capital gains over the next two years as the pandemic fades, according to property consultants. The heavily discounted prices from top developers have lured many investment buyers this month after they went missing […]

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Thailand: FTI calls for state clarity on reopening businesses

The Federation of Thai Industries (FTI) is calling on the government to provide clear guidelines for businesses reopening in May to prevent a second wave of Covid-19 infections. Supant Mongkolsuthree, chairman of FTI, said the government should build confidence through its measures to control the spread of the virus. “Businesses agree with the government on easing […]

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COVID-19 risks inflicting long-term economic pain on Myanmar

Even before COVID-19 hit Myanmar, businesses in the commercial capital were struggling. Ko Thaw Zin, who runs his own restaurant in Yankin township, struggled with a shortfall in revenue due to dwindling tourist arrivals as well as rising costs brought about by a government move to raise electricity tariffs – a move it said would end debilitating […]

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