The Hanoitimes – An expansionary and flexible fiscal policy would help stimulate aggregate demand, create jobs and boost economic growth, stated Prime Minister Nguyen Xuan Phuc. In case the Covid-19 pandemic lasts for a longer period, the Vietnamese government should consider extending supporting programs, including waiving, freezing and delaying of taxes and fees payment until 2021 […]
Read More[BANGKOK] Domestic car sales in Thailand shrank for a 14th straight month in July, dropping 24.8 per cent from a year earlier to 59,335 vehicles as the coronavirus outbreak crushed demand, the Federation of Thai Industries (FTI) said on Thursday. But sales rose 2.28 per cent from June, helped by easing virus restrictions and Bangkok’s […]
Read MoreIndonesia can expect more capital going into its start-ups in the future as the country already enjoys the highest flow of funds in Southeast Asia after Singapore, according to Sequoia Capital India. The digitalization of Indonesia’s economic activity was one of the growth areas for start-ups in the country. “Another good thing about Indonesia is […]
Read MoreNEARLY 23,000 workers were affected by plans to slash business costs in July, led by a spike in the construction sector, according to Ministry of Manpower (MOM) data out on Thursday. The latest wage cuts take the number of affected workers to 224,800 for the period March 12 to end-July, although the volume of cost-saving […]
Read MoreThe value of Myanmar trade with ASEAN countries through the sea route and land borders has registered at US$9.94 billion in the nine months (Oct-June) of the 2019-2020 financial year, according to the Ministry of Commerce. The ministry reported that imports surpassed exports in regional trade, with exports reaching over $3.6 billion and imports valued […]
Read MoreThe hotel and retail sectors should prepare for stringent cost-cutting and find alternative income sources for as long as there is no coronavirus vaccine, as it will take two years for businesses to resume as usual, according to property consultant JLL Thailand. JLL managing director Suphin Mechuchep said the hotel sector has borne the brunt […]
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