Laos ranks third-fastest among ASEAN countries in terms of 4G download speed of mobile internet data and 52nd among 100 global economies. A report released this week by OpenSignal, a British company that measures mobile user experience globally, says Laos’ average 4G download speed is 17.1 Mpbs, faster than other ASEAN countries excepting Singapore and Vietnam. According to […]
Read MoreTHE true action in Indonesia still lies in the debt capital markets, as a double-digit number of public listings in the first four months of 2020 masked a year-on-year fall in the amount of equity funds raised. The Covid-19 pandemic has otherwise taken a toll on companies’ ability to scrounge up cash, as initial public […]
Read MoreInvestment applications for 10 special economic zones (SEZs) remain low compared with those made for the flagship Eastern Economic Corridor (EEC), with the number of projects and investment value totalling 75 projects and 11 billion baht, respectively, from 2015 to April 1, 2020. According to the latest report by the National Economic and Social Development […]
Read MoreMANILA, Philippines — The peso may weaken to 52 to $1 this year as the country’s current account deficit balloons on falling remittances from overseas Filipino workers (OFWs) and tourism receipts amid the coronavirus disease 2019 or COVID-19 pandemic, according to Japan’s largest bank MUFG Bank Ltd. Leong Sook Mei, ASEAN head of global market […]
Read MoreThe Ministry of Tourism is seeking recommendations from the COVID-19-hit tourism-based businesses in order to prepare a rescue plan for the sector. Businesses such as hotels, guest houses, resorts, massage and spas, restaurants other tourism-related businesses can share their recommendations in order for the ministry to define the scale of the impact and come up […]
Read MoreSINGAPORE – Singapore’s non-oil domestic exports (Nodx) rose in April, due mainly to a jump in pharmaceuticals from a low base, Enterprise Singapore data showed on Monday (May 18). Nodx increased 9.7 per cent last month from a year earlier, backed by a 12.8 per cent surge in non-electronics exports that included a 174.3 per cent […]
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Thailand
