SMALL and medium enterprises (SMEs) in Indonesia, Vietnam, and Thailand are among those that are most confident of their ability to survive and thrive after the Covid-19 pandemic, according to a study by technology firm HP. Their fellow Asean member Singapore, in contrast, was less optimistic, with only about half of respondents expecting to do […]
Read MoreThe Hanoitimes – Moody’s rating action concludes the review for downgrade initiated on April 7, 2020. Moody’s Investors Service has confirmed the long-term ratings and assessments of three finance companies and two banks in Vietnam. The three finance companies are VPBank Finance Company Limited (FE Credit), Home Credit Vietnam Finance Company Limited (HCV), and SHB Finance […]
Read MoreDuty-free retail giant King Power expects sales to plummet by 50% this year to about 90 billion baht, largely because of the impact of the Covid-19 pandemic. Aiyawatt Srivaddhanaprabha, the group’s chief executive, said that while the company has shifted to selling duty-free products online after all shops were closed from March 22 to May […]
Read MoreMANILA, Philippines — The worst may be over for the Philippine economy as its contraction is seen to have bottomed out in May, the Asian Development Bank (ADB) said yesterday. In a briefing, ADB country director for the Philippines Kelly Bird said based on data collected in the first half of the year, economic contraction […]
Read MorePhnom Penh’s Russian Market, the usually overcrowded, hot and hard to navigate market is now a ghost of its former self. Since the impact of COVID-19 and the lack of tourists the market has been hit hard and market owners pockets are empty, yet their shops are full of unsold antiques, silks, silvery jewelry and […]
Read MoreApple says it plans to launch its retail store at CentralWorld soon, marking the second official shop of the American tech giant in Thailand. An industry source who requested anonymity says the company scheduled the launch for July 31. Apple’s Thai website shows the company’s logo with colourful Thai letters inside, reading Krung Thep (Bangkok). […]
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