Businesses remain hamstrung by the pandemic, leading most enterprises to freeze their investment amid the uncertainty. Yet some companies are bucking the trend. Several coffee shops and tea chains debuted their business shortly after the government announced its lockdown measures. Among them are %Arabica, the Japanese specialty coffee brand, which opened in early June at […]
Read More[HANOI] Vietnam reported gross domestic product growth of 0.36 per cent in the second quarter from a year earlier, versus a 6.73 per cent expansion in the same period last year, the General Statistics Office (GSO) said on Monday. The South-east Asian country’s GDP in the first half of this year grew 1.81 per cent […]
Read MoreEasing mobility restrictions in various regions across Indonesia will not provide an instant boost to the country’s retail sector as wary consumers are expected to still limit their store visits amid a steady rise in COVID-19 cases, analysts have said. Mirae Asset Sekuritas Indonesia economist Anthony Kevin found that customers did not immediately flock to […]
Read MoreVisa today announced a commitment to support 10 million small businesses across Cambodia and the Asia Pacific, in an effort to get local communities back to business in the wake of the COVID-19 pandemic. According to its press release AKP received Saturday, Visa is introducing a range of programmes and solutions to help small and […]
Read MoreThe Vietnamese logistics industry is among those hit the hardest by Covid-19, as the unpredictability and duration of the pandemic have presented multiple challenges in both the short and long terms, jeopardizing the viability of many businesses, especially small- and medium-sized enterprises. According to a recent report released by the Logistics Industry Reference Council and the […]
Read MoreGDP slump worsens in Q2 — BSP MANILA, Philippines — A deeper economic slump looms in the second quarter, with gross domestic product (GDP) contracting by as much as 6.7 percent due to the full impact of the tight lockdown aimed at preventing the spread of the coronavirus disease, the Bangko Sentral ng Pilipnas said. […]
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Thailand
