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COVID-19 shuts down a third of Myanmar businesses

Nearly one third of companies in Myanmar have temporarily closed because of the coronavirus lockdown and the vast majority of those still operating have reported lower turnover, according to the Asia Foundation.  A nationwide poll of 750 local businesses – the largest survey so far of the impact of the pandemic – covered the two […]

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Thailand: Companies want clarity on CPTPP

The private sector is calling for a quick and clear stance from the government on the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Companies cited foreign investors who have already invested and are interested in further spending in Thailand, though they are waiting for the government’s decision on participation in the pact to determine […]

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Philippines: BSP waives fees on interbank fund transfer

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has waived the fees of fund transactions made through the central bank until the end of the year, allowing banks and financial institutions to promote digitalization amid the changing economic landscape due to the pandemic. BSP Deputy Governor Maria Almasara Cyd Tuaño-Amador said it is critical […]

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Cambodia: Market Watch

Cambodia Securities Exchange:The index closed at 745.98 points on Friday rising only 0.18 percent, 1.31 points, finishing the week relativity flat compared with the previous week that had record high trading volumes and the index push over 800 points for the first time. Trading volume was low recording only 900.6 million riel ($225,170) and 58,818 […]

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