Growth in East Asia and the Pacific this year will likely be slower than previously thought, the World Bank said yesterday, as many countries in the region grapple with spikes in Covid-19 cases, new variants and vaccine supply constraints. The East Asia and Pacific region, excluding China, is expected to grow 4% this year, World […]
Read MoreFOR three weeks from Monday July 19, dining-in at food and beverage (F&B) establishments will be scaled back to groups of no more than two people. Those who are fully-vaccinated, however, can continue to dine-in in groups of five at participating F&B outlets that have put in place systems to check the vaccination status of […]
Read MoreVietnam is set to see rapid expansion in terms of mobile wallet usage with mobile wallet penetration to reach nearly 55 per cent by 2025. According to a report by fintech Boku and digital technology analyst house Juniper Research, Vietnam, like many other countries in Southeast Asia, is primed for massive mobile payments growth. Mobile […]
Read MoreMANILA, Philippines — The country’s rice inventory dropped 7.5 percent in May, according to the Philippine Statistics Authority (PSA). In its latest rice and corn stocks inventory report, the PSA said total rice stocks inventory stood at 2.58 million metric tons (MT) as of May 1, down from the 2.79 million MT registered in the […]
Read MoreIndonesia is interested in investment opportunities in Cambodia in the agriculture, agro-industry, renewable energy, construction and real estate sectors. That interest was raised at a meeting between Indonesian Ambassador to Cambodia Sudirman Haseng and Cambodian conglomerates in the agricultural and real estate sectors. The meeting included Lim Heng, vice-president of the Cambodia Chamber of Commerce, […]
Read MoreDeputy Prime Minister Supattanapong Punmeechaow is planning to propose to the cabinet a plan to allow rich foreigners to enjoy long-stay visas in Thailand. According to Mr Supattanapong, the Centre for Economic Situation Administration (CESA) approved in principle on June 4 a scheme to offer long-stay visas to four groups of foreigners — rich global […]
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