Myanmar Investment Commission has approved a $230.60 million worth Hlegu Industrial Park project, to be invested by Singapore based Sembcorp CSSD Myanmar Co., Ltd, as well as $180 million worth AEON Large Scale Shopping Mall, which will create over 2,300 jobs. In addition to that, the investment body also approved seven new investments in industry, […]
Read MoreFor the first six months of the year, the number of foreign arrivals to the Kingdom dropped by around 65 percent, compared with the same period last year, according to a report from the Ministry of Tourism. The report stated that in June alone, the number of foreign arrivals decreased 97.3 percent. From January to […]
Read MoreIndonesia’s economy suffered its sharpest downturn since the 1998 Asian financial crisis in the second quarter, as the COVID-19 pandemic shut down large parts of the country, ravaging businesses and leaving millions out of work. GDP contracted 5.32 percent in the second quarter, the lowest since the first quarter of 1999, Statistics Indonesia (BPS) announced Wednesday. The figure […]
Read MoreMANILA, Philippines (UPDATE 2 2:20 p.m., Aug. 5) — Prices of basic goods and commodities quickened for the second straight month in July to a 6-month high, propelled by a recovering consumer demand on the second month of economic reopening. Inflation, as measured by the consumer price index, accelerated to 2.7% year-on-year in July, up from 2.5% in […]
Read More[SINGAPORE] Singapore is seeking to open the door to a wider range of business and leisure visitors to boost its hard-hit tourism sector, with the return of mass travel still a long way off amid the pandemic, according to the head of the country’s tourism agency. The industry expects more job losses in the coming […]
Read MorePETALING JAYA: Seeking a career change and better paying salaries are among the top reasons more than half of Malaysian respondents (58%) in a Ranstad survey say they intend to look for a new job in the next 12 months. In its 2020 Covid-19 Labour Pulse Survey, recruitment agency Randstad Malaysia surveyed 531 locally-based employees […]
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Thailand
