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Singapore business sentiment improves slightly for Q3 but construction and transportation stay gloomy: Survey

SINGAPORE – Local companies’ business confidence for the third quarter improved marginally amid an upbeat outlook for the financial, manufacturing and wholesale sectors, according to a survey out on Monday (June 14). However, the outlook for the construction and transportation sectors remained downbeat. The overall Business Optimism Index (BOI) rose to +4.07 percentage points for the July-September […]

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Vietnam’s private enterprises grow slowly

Many Vietnamese tycoons regret that the largest beer company in Vietnam, the Saigon Alcohol Beer and Beverage Joint Stock Corporation (Sabeco), has fallen into the hands of Thai investors. When the state divested capital from Sabeco, many Vietnamese enterprises wanted to acquire it, but no Vietnamese corporation qualified to enter the final list. Small and […]

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Philippines: Govt eases loan terms for tourism businesses

The government recently relaxed the loan terms for tourism businesses to encourage more micro, small and medium enterprises to avail of the loan program. In a statement, the Department of Tourism (DoT) said that under the relaxed terms of the Coronavirus disease 2019 (Covid-19) Assistance to Restart Enterprises (Cares) for Travel program, the grace period […]

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Vietnam: Raw material price hikes affect trade

After months of continuous trade surplus, Vietnam witnessed the return of a trade deficit in May, but it is too early to conclude whether this represents a new trend in the balance of trade though a bumpy road remains ahead for businesses. According to the General Statistics Office of Vietnam (GSO), the country earned $26 […]

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