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Vietnam to resume economic activities with countries having Covid-19 vaccines

The Hanoitimes – Minister of Planning and Investment Nguyen Chi Dung outlined five major solutions for Vietnam to realize its socio-economic development goals in 2020. Vietnam should prepare methods to resume trade and investment activities with countries having Covid-19 vaccines, while pushing for international cooperation in vaccine distribution to high risk areas. This is among solutions […]

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Malaysia: More information on assistance for SMEs

KUALA LUMPUR: Bank Negara has elaborated on the new and enhanced financing facilities for small and medium enterprises (SMEs), namely the Targeted Relief and Recovery Facility (TRRF) and the Micro Enterprises Facility (MEF), as announced in Budget 2021. In a statement, the central bank said under the TRRF, eligible SMEs which have been adversely affected by […]

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Thailand: Ministry sees four-year test for tourism sector

The tourism industry, which accounts for 12% of Thailand’s GDP, is expected to take at least four years to recover to the pre-pandemic levels, says the Finance Ministry. While several financial authorities and think tanks project Thailand’s economy will fully recover over the next two years, the recovery of the domestic tourism sector is anticipated […]

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Philippines launches 2nd global bond offering

MANILA, Philippines — The government has launched its second dollar global bond sale this year as it aims to raise more funds to address the economic impact of the coronavirus pandemic. The issuance, which has a dual tenor of 10.5 years and 25 years, comes on the heels of the country’s dollar bond offering in […]

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Half of Singapore consumers prefer to shop local to help firms hit by Covid-19: Survey

SINGAPORE (THE BUSINESS TIMES) – Around half of Singapore consumers prefer to shop at local businesses to help them recover from the business fallout of Covid-19, according to a study of Asean consumer sentiment released on Thursday (Dec 3) by United Overseas Bank. UOB head of group business banking Lawrence Loh said the results of the study, which polled 1,000 […]

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