Easing 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. […]
Read MoreE-commerce platform Shopee has found a significant increase in male users buying ingredients as food sales on its platform surged during the social distancing period. Shopee Indonesia director Handhika Jahja said men’s purchases of fresh, frozen and instant food products had increased six-fold compared to last year, suggesting that men had been making more home-cooked meals […]
Read MoreMANILA, Philippines — Despite the push in renewable energy development, Southeast Asian countries are expected to continue increasing their coal imports amid coal power plant investments in the region. In last week’s Philippines Commodity Market Insights forum, S&P Global Platts said the burgeoning coal demand in the Southeast Asian region has captured investors’ attention with […]
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Thailand
