SWEDISH meatballs and home furnishings by Ikea are set to arrive in Singapore’s western region, when the retailer opens an outlet at Jem shopping centre in 2021. This will be its first small-store concept in South-east Asia, whereby the Swedish home goods giant becomes a tenant within a mall instead of establishing another of its […]
Read MoreThe Hanoitimes – Vietnam would be among a handful of nations maintaining positive economic growth this year, according to a World Bank expert. Vietnam’s highly effective Covid-19 countermeasures would help the country’s economy recover from the pandemic much faster than regional peers, according to David Hutt, a journalist specializing in Southeast Asian politics. During the outbreak […]
Read MoreMANILA, Philippines — The Philippines is facing more downgrades from international credit rating agencies in the coming months as the economic fallout from the coronavirus disease 2019 or COVID-19 pandemic is likely to be felt in the coming years. Euben Paracuelles, economist at Nomura, said S&P Global Ratings is likely to revise its credit outlook […]
Read MoreThe construction of the new tourism port in Kampot province is more than 30 percent complete and is expected to be finished by the middle of the year, according to the Kampot provincial tourism department. The project is supported by the Asian Development Bank (ADB). ADB approved an $8 million loan for the port project […]
Read MoreIndonesian rating agency Pemeringkat Efek Indonesia (Pefindo) has revised the outlooks of several financial institutions and downgraded the rating of asset-backed securities amid concerns over the impact of COVID-19 on the institutions’ performances. Between April 1 and May 5, the rating agency revised the outlooks of Mandala Finance, Bank Capital, Bank Victoria and Trimegah Sekuritas […]
Read More[SINGAPORE] A new mobile commerce solution will help more than 2,000 small and medium-sized enterprises (SMEs) set up their own virtual store and have access to a wide network of customers. The initiative, which aims to help SMEs such as heartland merchants deal with challenges in the retail landscape amid the Covid-19 pandemic, was announced […]
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Thailand
