SINGAPORE’S economy appears on track to shrink 6 per cent in 2020, although unemployment could rise further by year-end, according to private-sector economists polled by the Monetary Authority of Singapore (MAS) in a quarterly survey. This latest forecast for full-year gross domestic product (GDP) is unchanged from September’s Survey of Professional Forecasters. However, respondents now […]
Read MoreEnterprises need to see the Covid-19 shock as an opportunity to turn things around and reform themselves. VietNamNet presents Dr. Vo Tri Thanh’s article on Vietnamese enterprises’ response to the Covid-19 pandemic. The year 2020 is about to end and the most outstanding thing in the year is the outbreak of the Covid-19 pandemic, which […]
Read MoreA resurgence of local Covid-19 cases has affected travel sentiment for the upcoming long weekend as Thai tourists are expected to take fewer trips than during holidays last month, according to the Tourism Authority of Thailand (TAT). Local tourists are estimated to make 3.1 million trips nationwide between Dec 10-13, generating 12.6 billion baht, but […]
Read MoreMANILA, Philippines — Third telecommunications player Dito Telecommunity Corp. is hiking its population coverage target to over 90 percent once its five-year network rollout is completed to serve more areas than what it has originally committed to the government. “Our government commitments in terms of coverage for the first year it’s 37 percent, second year […]
Read MoreCOVID-19 fears have left big businesses such as Aeon Mall reeling, but smaller businesses in numerous multiple markets across Phnom Penh are also feeling the pinch. Reports from stall owners indicate that customers are avoiding the markets and the hundreds of businesses they hold by finding other ways to get their necessities. Por Panha, owner […]
Read MoreSINGAPORE recorded the highest average fit-out cost for offices across South-east Asia at US$112 per square foot (psf), Cushman & Wakefield said on Tuesday. This was despite the city-state’s average cost already falling from US$115 psf a year ago, according to the real estate services firm’s analysis for 2020-2021. Mechanical and engineering works made up […]
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