KUALA LUMPUR, June 30 — The Covid-19 pandemic and the government’s containment measures in March and May cost the retail industry around RM1.8 billion, according to Malaysia Shopping Malls Association president Tan Sri Teo Chiang Kok. Teo, in a report by The Straits Times, also said the estimated loss was only for the months when the […]
Read MoreMANILA, Philippines — Megaworld, the Andrew Tan-led property developer, is investing more in e-commerce facilities to fast track the recovery of its commercial and hotel businesses. The two businesses have been affected by the coronavirus disease 2019 or COVID-19 pandemic, said Megaworld chief strategy officer Kevin Tan. In the coming weeks, the company is set […]
Read MoreThe Myanmar Citizens Bank will introduce a co-branded debit card service together with the Myanmar Payment Union (MPU) and Japanese payment services provider JCB, the bank announced over the weekend. MCB’s MPU-JCB Co-Brand Debit Card will enable holders to access MPU’s merchant network across Myanmar and make withdrawals at MCB ATMs, other ATMs which accept […]
Read MoreThe pandemic boosted demand for residential renovations as people chose to spend more time at home. Kridsada Satukijchai, acoustic consultant at sound designer Trandar Acoustics, said demand for home renovations to fit with the new lifestyle increased as more people worked from home during the lockdown. “Customers want to renovate their rooms, with soundproofing for […]
Read MoreThailand and Indonesia have vowed to tighten bilateral trade cooperation to rehabilitate both economies following the Covid-19 pandemic. Sansern Samalapa, vice-minister of commerce, recently met Ahmad Rusdi, the newly appointed ambassador of Indonesia to Thailand, with both parties agreeing to stress bilateral cooperation to help reboot the virus-hit economies of the two countries. Thailand has […]
Read MoreMANILA, Philippines — The Asian Development Bank (ADB) has approved a new $26.5 million loan for the Philippines to enable its local government units (LGUs) to boost revenues by adopting digital tools for real property tax valuation and collection. The Manila-based multilateral yesterday said that the Local Governance Reform Project would help LGUs nationwide to […]
Read More
Thailand
