JAKARTA, July 1 (Reuters) – Indonesian business groups on Thursday urged authorities to ensure there is enough financial support for companies, warning that otherwise new restrictions to tackle a surge in COVID-19 cases could result in layoffs and bankruptcies. The “emergency” curbs, which come into effect between July 3 to 20, will shut shopping malls, […]
Read MoreKUALA LUMPUR: The domestic financial markets were affected by both domestic and external factors in May, while investor sentiment was affected by the uncertainty surrounding the course of the pandemic in the region, Bank Negara said. It said the imposition of stricter containment measures amid rising Covid-19 cases domestically led to further concerns over the […]
Read MoreSE Asia’s tourism industry has been hit hard by the effects of Coronavirus and any improvement may be a long time coming. Hoteliers and tour groups from Bali to Phuket are suffering from the lack of foreign visitors and Cambodia’s tourist hotspots are proving no exception as a ban on foreign tourists continues. Rumours of […]
Read MoreMANILA, Philippines — Local factories are humming again in June following two consecutive months of output slump, although the recovery was only “marginal” as existing pandemic lockdowns continue to be a big hurdle for manufacturers. A monthly survey of around 400 companies showed the Philippines’ Purchasing Managers’ Index (PMI), a measure of factory output, rose […]
Read MoreThe digital economy in Vietnam accounts for about 8.2% of GDP. The development potential of the Internet and digital economy components is still quite large. Unleashing this resource will contribute to socio-economic growth and improve national competitiveness. Three components of the digital economy There is no unified definition of the digital economy in the world, […]
Read MoreThais lead the world in online shopping following a behavioural shift during the pandemic as people move towards e-marketplaces, says Wunderman Thompson, a global marketing communications agency. This was reported in the company’s Future Shopper 2021, a global survey of 28,000 respondents in 17 markets, including 1,025 from Thailand across the X, Y and Z […]
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