Real estate firms are again postponing sales and investment plans after new Covid-19 cases were discovered in late July in Da Nang. According to experts, bad signs appeared in the real estate market at the beginning of the year. And the Covid-19 outbreak worsened the situation quickly. Realtors hoped that the market would see a […]
Read MoreJAKARTA: Hundreds of Indonesian workers rallied outside the nation’s parliament against a sweeping legislation meant to make it easier for companies to hire and fire employees, undermining President Joko Widodo’s efforts to boost investment and revive an economy battered by Southeast Asia’s worst coronavirus outbreak. The Confederation of Indonesian Trade Unions asked the lawmakers to […]
Read MoreKUALA LUMPUR, Aug 26 — Economists pinned the country’s worst-ever second quarter GDP contraction on Putrajaya’s imposition of movement control ahead of regional rivals and said Malaysia still performed reasonably well when this was considered. Economic growth from April to June contracted 17.1 per cent, Bank Negara Malaysia announced last week, as domestic spending and […]
Read MoreMANILA, Philippines — Shakey’s Pizza Asia Ventures Inc., the listed restaurant chain operator, is bringing Singapore’s R&B milk tea brand to the Philippines, marking its foray into the popular segment. Shakey’s entered into a master franchise agreement with Singapore-based Koufu Group Ltd. as it hopes to take advantage of the growing milk tea and bubble […]
Read MoreThe cabinet yesterday approved additional stimulus measures to spur domestic tourism and help offset losses from the absence of foreign tourists during the coronavirus crisis. With the new measures, the 40% hotel subsidy to a maximum of 3,000 baht a night — currently capped at five nights under the We Travel Together scheme — will […]
Read MoreMajority of foreign enterprises eye the manufacturing sector for investments in the current financial year 2019-2020, pulling in US$875 million from 169 projects, the Directorate of Investment and Company Administration (DICA) stated. Of 219 foreign enterprises permitted and endorsed by Myanmar Investment Commission and the respective investment committees between 1 October and 31 July of […]
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Thailand
