Biotechnology, online retail, fintech, and green real estate are expected to prosper during the post-COVID period. Biotechnology and AI In early February, when coronavirus began spreading rapidly in Wuhan City, China, early detection of infection cases put into quarantine was a big challenge for medical workers. To solve the problem, Alibaba joined forces with Damo […]
Read MoreKUALA LUMPUR, May 28 — Asean member states, particularly Malaysia, will be in good position to reap benefits from Japan’s economic stimulus package due to its close proximity to Japan economically and historically, besides having extensive Japanese business network, said Japan’s Ambassador to Malaysia Hiroshi Oka. Oka said Malaysia — being a politically stable country, […]
Read MoreMyanmar will receive a €33 million loan from Austria’s Unicredit Bank to create e-IDs for the country’s population registry, said U Thein Swe, Minister of Labor, Immigration and Population. The 27.5 year, interest-free loan includes a 13.5 year grace period and was first discussed in 2019 between State Counsellor Daw Aung San Suu Kyi and […]
Read MoreCOVID-19 pandemic notwithstanding, Moody’s rated Asian project and infrastructure companies are well-positioned to manage their refinancing needs through 2022, said Moody’s Investors Service in a May 28 report. Upcoming bond maturities are concentrated at investment-grade companies, most of which benefit from government support or are in sectors less affected by the virus outbreak. China and […]
Read MoreThe latest downgrade of debentures issued by Thai Airways International Plc (THAI) does not affect its current liabilities, but a close watch is warranted for creditors deciding on the business rehabilitation petition, say analysts. Tris Rating has downgraded the company’s rating and the ratings on senior unsecured debentures of financially beleaguered THAI to default following […]
Read MoreMany tour operators and international travel websites seem to have a misunderstanding that the just-issued Resolution 79/NQ-CP on e-visas for 80 countries and territories will lead to the reopening of international travel from early July. The Vietnamese Government on May 25 issued the resolution listing 80 countries and territories whose citizens would apply for e-visas to […]
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Thailand
