Thailand’s “pay to stay” visa programme for wealthy foreigners is seeing an expansion opportunity, with visions of the country becoming a haven for expats thanks to its relative success in containing the coronavirus. The Thailand Elite Card is a residential-visa programme for affluent expats, investors and long-stay groups. Membership, which ranges from 500,000 baht to […]
Read MoreIndonesia’s economy is expected to grow between 5.5 percent and 6 percent next year as economic activity is expected to return to normal after this year’s partial lockdown to contain COVID-19 transmissions, private lender Citibank Indonesia said on Thursday. Citibank Indonesia chief economist Helmi Arman said the economy may return to precoronavirus levels as early […]
Read MoreMANILA, Philippines — The Asian Development Bank (ADB) has approved a $400-million policy-based loan for the Philippines to support reforms aimed at improving productivity in the agriculture sector. The multilateral bank said the Competitive and Inclusive Agriculture Development Program Subprogram 1 would help the government expand economic opportunities in the farm sector by implementing trade […]
Read MoreLocal producers must prepare to meet the requirements of foreign direct investment (FDI) companies to participate in the global supply chains, a top official has said. The world was seeing an increasing wave of investment capital shift, bringing significant opportunities for Viet Nam to attract the FDI flow, Minister of Planning and Investment Nguyen Chi […]
Read MoreThe Ministry of Post and Telecommunications has reminded the Kingdom’s telecom operators to implement the law on telecommunications, according to Telecommunication Regulator of Cambodia (TRC). According to the announcement, the ministry notes that some telecom operators have yet to comply with the laws such as regulations and terms of the relevant licenses, the operation of […]
Read MoreKUALA LUMPUR: The ringgit retreated from the 4.18 level recorded yesterday ahead of the second quarter (Q2) gross domestic product (GDP) announcement later today and key trade talks between the United States and China meeting tomorrow. A 9.01 am, the local note was traded lower at 4.1940/2010 from 4.1880/1930 at Thursday’s close. AxiCorp chief global […]
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