THAILAND approved plans to create a quarter of a million jobs and will look to restructure its economy to be less reliant on global demand, its prime minister said on Tuesday, the latest measures to mitigate the fallout of the coronavirus pandemic. South-east Asia’s second-largest economy suffered its biggest contraction since the Asian crisis in […]
Read MoreVietnam needed to improve its infrastructure in order to attract more FDI, a webinar heard on Monday. Themed “Capitalising on Vietnam’s Investment Opportunities Post COVID-19”, the webinar drew senior leaders from businesses and organisations across Asia, Europe and the US. Minister of Planning and Investment Nguyen Chi Dung said that trade conflicts among major economies had forced international corporations and enterprises […]
Read MoreThe Stock Exchange of Thailand (SET) will consider whether to retain revised regulations set to expire on Sept 30 to tame stock trading volatility, while preparing new measures to stabilise domestic stock market conditions. Thailand’s bourse saw financial volatility exceeding a threshold of 100% in March and April against the backdrop of panic sales arising […]
Read MorePchum Ben Festival has now begun and Phnom Penh market stalls have seen a drop in sales for clothing and kitchenware, causing a rise in prices. Pchum Ben – Ancestors’ Day – is the biggest religious festival for Cambodian Buddhists to pray for their dearly departed relatives. The whole ceremony takes up 15 days and […]
Read MoreThe government is confident that a new reopening plan for Phuket will conform with public opinion, while a local hotel association is calling for safe, pragmatic and strategic entry for foreign travellers. The draft reopening plan for foreigners, to be trialled as a pilot project in Phuket, drew backlash from the local community and prompted […]
Read MorePETALING JAYA: Malaysian government bonds, which are among the higher-yielding ones in the region, will continue to attract foreign interest in the medium term. This trend will also be backed by improving sentiment as economic activities continue to rebound, while global liquidity remains high, analysts say. A bond trader with a local brokerage pointed out […]
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