The Ministry of Economy and Finance (MEF) and the National Bank of Cambodia (NBC) called on real estate developers to ease payments conditions for their customers during the COVID-19 pandemic. According to a joint statement, in the context of Coronavirus, the government has called on real estate developers to look at waiving penalties for late […]
Read MoreKUALA LUMPUR: European and US companies ranked Malaysia second most favourable Southeast Asian country for opportunities to establish or expand their sourcing, selling or operations over the next six to 12 months. According to a Standard Chartered study, “Borderless Business”, chief financial officers (CFOs) and treasurers in the US, the UK, Germany and France indicate […]
Read MoreCovid-19 vaccinations for airline workers have to proceed within the next two months to be aligned with the tourism sandbox in Phuket aiming for July, says the Airlines Association of Thailand (AAT). “A tourism rebound will largely depend on the pace of inoculations which can build confidence among both workers and passengers,” said Puttipong Prasarttong-Osoth, […]
Read MoreSINGAPORE: South-East Asian oil and fuel demand has hit a plateau after an initial recovery from the Covid-19-induced slump and appears unlikely to get back to pre-virus levels until the end of the year or later. A slow rollout of vaccinations and a resurgence in cases in the region of almost 700 million people is […]
Read MoreThe Ministry of Tourism has decided to waive fines for the late renewal of expired tourism licences effective from March 16 until the end of 2021. Additionally, the renewal fees themselves for 2021 tourism-related business licences have been set at no charge. This decision has been taken because of the current situation of the COVID-19 […]
Read MoreSome commercial banks have raised deposit interest rates following an 8-year inflation rate high in February. Analysts believe a new interest rate floor will be set in the second quarter. Techcombank and VPBank’s moves of raising deposit interest rates in early March have been followed by a series of other banks. Agribank and Vietcombank, two […]
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