Travel insurance premiums are poised to drop by 90% this year because of travel restrictions, says Cigna Thailand. Demand for new travel insurance ceased around March, while existing policyholders cancelled their insurance protection after the government barred cross-border transit to contain the coronavirus outbreak, said chief executive Teeravuth Suthanaseriporn. Cigna Thailand generated travel insurance premiums […]
Read MoreMANILA, Philippines — The total number of businesses registered with the Department of Trade and Industry (DTI) went up by 12 percent in eight months this year as a growing number of firms resorted to online submissions. In a statement yesterday, the DTI said data from its Business Name Registration Division showed the total number […]
Read MoreTHAILAND approved plans to create a quarter of a million jobs and will look to restructure its economy to be less reliant on global demand, its prime minister said on Tuesday, the latest measures to mitigate the fallout of the coronavirus pandemic. South-east Asia’s second-largest economy suffered its biggest contraction since the Asian crisis in […]
Read MoreVietnam needed to improve its infrastructure in order to attract more FDI, a webinar heard on Monday. Themed “Capitalising on Vietnam’s Investment Opportunities Post COVID-19”, the webinar drew senior leaders from businesses and organisations across Asia, Europe and the US. Minister of Planning and Investment Nguyen Chi Dung said that trade conflicts among major economies had forced international corporations and enterprises […]
Read MoreThe Stock Exchange of Thailand (SET) will consider whether to retain revised regulations set to expire on Sept 30 to tame stock trading volatility, while preparing new measures to stabilise domestic stock market conditions. Thailand’s bourse saw financial volatility exceeding a threshold of 100% in March and April against the backdrop of panic sales arising […]
Read MorePchum Ben Festival has now begun and Phnom Penh market stalls have seen a drop in sales for clothing and kitchenware, causing a rise in prices. Pchum Ben – Ancestors’ Day – is the biggest religious festival for Cambodian Buddhists to pray for their dearly departed relatives. The whole ceremony takes up 15 days and […]
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