How effective spending credits will be in boosting the tourism sector will depend on a range of factors, including the willingness of operators to collaborate and come up with new ideas, observers say. As businesses clamour to take advantage of the $100 SingapoRediscover vouchers to be issued to all adult Singaporeans in December, some are expressing […]
Read MoreThe Hanoitimes – The country has drawn significant interest among international developers, investors, and financiers as a fast-growing market. With a total of 5.2GW offshore wind capacity built in 2020-2030, Vietnam is placed among the top five markets in Asia in new installations in this decade, behind China (52 GW), Taiwan, China (10.5 GW), South Korea […]
Read MoreMANILA, Philippines — The government’s spending on infrastructure declined by 9.4 percent from January to July compared to last year’s level due to the suspension of construction activities during the lockdown, the Department of Budget and Management (DBM) reported yesterday. According to the latest data from the DBM, infrastructure and other capital outlays amounted to […]
Read MoreLoans worth 2 trillion baht owed by 1.1 million SMEs that entered the debt moratorium programme could turn into bad debts after the programme’s expiry at the end of September, says Thai Credit Guarantee Corporation (TCG). Many loans owed by small and medium-sized enterprises could turn into non-performing loans (NPLs), while creditors may pursue litigation […]
Read MorePETALING JAYA: The Penang retail property market, which has been severely hit by the Covid-19 pandemic, may only recover fully next year. However, the state’s retail sector is already seeing an improvement in shopper traffic since the lifting of the movement control order (MCO), which was implemented from March 18 to May 3, said CBRE […]
Read MoreTHAILAND plans cash handouts worth 51 billion baht (S$2.23 billion) to boost domestic consumption and support an economy struggling from the effects of the coronavirus pandemic, a government official said on Wednesday. Southeast Asia’s second-largest economy suffered the biggest contraction in more than two decades in the second quarter as the outbreak ravaged tourism and […]
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