Foreign capital continued flowing to industrial real estate via mergers and acquisitions (M&A) in five months of this year, particularly in Hanoi and Ho Chi Minh City. Singapore’s Boustead Projects, whose affiliate BP-Vietnam Development recently signed an option agreement with Khai Toan Group (KTG) to buy a 49 percent stake in KTG & Boustead JSC, […]
Read MoreHANOI: Vietnam has imposed an anti-dumping levy of 47.64% on some sugar products from Thailand for five years to replace a temporary tax introduced in February, the country’s industry and trade ministry said on Wednesday. The decision comes after the ministry finished an anti-dumping investigation that started last September on behalf of the domestic industry. […]
Read MoreDepositing money at banks is currently the safest and most profitable investment channel, as Covid-19 developments remain complicated and the stock market is “hot” and, thus, risky. Deposit interest rates at some banks increased slightly by 0.1-0.3 percent per annum in early June. SHB is now offering an interest rate of 5.75 percent for six-month […]
Read MoreThe HCM City Department of Tourism has proposed that the municipal People’s Committee provide tourism businesses access to a non-interest loan package of VND208 billion (US$9.06 million). The loans will help tourism companies pay at least 50 per cent of their employees’ salaries for three months. The loans are expected to cover about 31,500 employees working in 5,002 tourism businesses in the city. The city-funded loan […]
Read MoreGovernment support programs with better disbursement plans are needed to help those in need overcoming the current crisis. While nearly 60,000 enterprises temporarily suspended operation in the first five months of this year, up 23% year-on-year, many are still struggling for survival amid the fourth Covid-19 outbreak and in need of stronger support from the […]
Read MorePETALING JAYA: The two-week extension of the lockdown, although deemed necessary to break the chain of Covid-19 infections, is expected to weigh down the already struggling economy and corporate earnings of some of the hardest-hit sectors. With business and consumer sentiment taking a hit, only a comprehensive recovery strategy by the government, on top of […]
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Thailand
