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Covid-19 pandemic helps clean up condotel market in Vietnam

Severe economic impacts as a result of the pandemic have put more stress on the local condotel market. While the Covid-19 pandemic is putting Vietnam’s condotel market into an ordeal, this would also provide an opportunity for the segment to heal itself. “This is the time for property developers to review their corporate governance models […]

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Asean, EU seal world’s first bloc-to-bloc air transport pact

ASEAN and the European Union (EU) have negotiated the world’s first bloc-to-bloc air transport agreement, liberalising air transport by giving airlines of both regions greater opportunities to operate passenger and cargo services, Singapore’s Ministry of Transport (MOT) announced on Friday. Negotiations for the Asean-EU Comprehensive Air Transport Agreement (AE CATA) were completed at the Extraordinary […]

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Thailand: Fighting back against exploitation

As sharing economy tech companies plot major mergers and initial public offerings (IPOs) this year, they are running into problems in Thailand as the state, labour organisations and restaurateurs attempt to push back against the exploitation inherent in their business models. Food delivery companies like Grab, Foodpanda, Gojek and Line Man (all based outside Thailand) […]

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Moody’s keeps Malaysia’s A3 stable credit profile

KUALA LUMPUR: Moody’s Investors Service has maintained Malaysia’s A3 stable credit profile, which is underpinned by its diversified, competitive and moderately large economy, ample natural resources and strong medium-term growth prospects. The large pool of domestic savings also supports the high government debt burden and lowers liquidity risk, the credit rating agency said in a […]

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