MANILA, Philippines — The net inflow of foreign direct investments (FDIs) more than doubled in March as the gradual reopening of the economy further boosted investor sentiment, according to the Bangko Sentral ng Pilipinas. BSP Governor Benjamin Diokno said the net FDI inflow amounted to $808 million in March, up by nearly 140 percent from […]
Read MoreThailand’s food exporters have found opportunities in the midst of the current crisis brought on by the COVID-19 pandemic. As consumers worldwide visit supermarkets and dine in restaurants less often, they are buying more processed and canned foods to cook at home as well as more ready-to-eat foods. Thailand recorded a healthy growth in the […]
Read MoreMany shops hit hard by Covid-19 have had to close, but some foreign retailers have taken advantage of the opportunity to scale up their business in Vietnam. The Covid-19 crisis has hit the fashion industry hard worldwide, causing a loss of hundreds of billion of dollars. US fashion retailer J.Crew, for example, filed for bankruptcy. […]
Read MorePrime Minister Hun Sen on June 10 announced the commencement of commercial gold mining operations in the Okvau area in southwestern Mondulkiri province’s Keo Seima district from June 21. The announcement comes after 14 years of exploration and research by Australian miner Renaissance Minerals (Cambodia) Ltd. The company will be the first to commercialise the […]
Read MoreMANILA, Philippines — The next administrations would have to tighten their belts to prevent further growth of the government’s debt load, which has gotten heavier due to hefty coronavirus borrowings. But the reduction of accumulated debts would be a slow one, as the economy would continue to face perennial problems beyond the Duterte administration that would […]
Read MoreWhile the hospitality sector in Asia is struggling to survive the pandemic, hotels in Europe are already reporting signs of improvement. A rapid vaccination drive in several countries helped catalyse a tourism rebound as governments ease travel restrictions, making people more confident to hit the road again after living under a tight lockdown for over […]
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Thailand
