Malaysia’s property sector will continue to face many challenges in 2023, due to a clear oversupply of properties in certain sectors and locations in the country, said insiders.
Vietnam’s economy is expected to grow by 7.2% in 2022, on the back of a strong rebound in domestic demand and continued solid performance by export-oriented manufacturing, according to the World Bank East Asia and Pacific Economic Update, October 2022.
The Presidium of the Vietnam Fatherland Front (VFF) Central Committee and the sub-committee for mobilising social assistance under the National Steering Committee for COVID-19 Prevention and Control on September 16 launched a programme calling for more support from people nationwide for the COVID-19 fight.
Vietnam’s economy will recover on the back of solid growth achieved in the first half of 2021 after the lockdown is lifted, Dorsati Madani, Senior Economist at the World Bank (WB) Vietnam, has said.
Production is continuing at six industrial zones and hi-tech parks in the central city of Da Nang, while nearly 80 percent of the total labour force has been maintained since the city began lockdown on August 16.
Prime Minister Pham Minh Chinh on September 11 demanded that hastiness be avoided in resuming production and business activities when the battle against the COVID-19 has produced initial positive signs.
Philippine tricycle driver Jesus Gomez struggled to make a living even before the capital Manila went back into a coronavirus lockdown last week that forced most of his customers to stay home and halved his meagre income.
Vietnamese publisher Skybooks is inviting until August 28 entries for its writing contest about life at the time of COVID-19, aiming to explore beautiful stories and send positive messages to readers as many parts of the country are battling the virus resurgence.
Laos has for the 7th consecutive time extended lockdown measures to curb COVID-19, while Indonesia has decided to prolong its restrictions on community activities, known locally as PPKM Level 4, in several regions until August 9.
The Thai Chamber of Commerce (TCC) estimates that extending the lockdown period and expanding the "dark red zone" to 29 out of 77 provinces nationwide will cost the economy about 300-400 billion baht (9.1-12.1 billion USD) due to the stagnation of economic activities.
An additional 1,112 cases of COVID-19, including seven imported ones, were confirmed in the six hours to 12:30 pm July 12, raising the national tally to 31,590, according to the Health Ministry.
Another lockdown may be considered to slow the spread of COVID-19 if new cases continue to surge, Thailand’s National Security Council (NSC) secretary-general Natthapol Nakpanich has said.
Ho Chi Minh City will apply social distancing measures under the Prime Minister's Directive 16 for 15 days starting 0am on July 9, said Nguyen Thanh Phong, Chairman of the municipal People's Committee, at a meeting with the city’s Committee for COVID-19 Prevention and Control on July 7.
The Ministry of Health reported that 139 new COVID-19 cases had been detected in the six hours from 6am to 12pm June 20, including 130 local infections and 9 imported.
While Thai authorities have increased checkpoints and patrol along borders to prevent illegal entries to combat COVID-19, the Cambodian province of Takeo has locked down a village after new infection cases were continually reported.
Secretary of the Hanoi Party’s Committee Dinh Tien Dung has hailed outlying Dong Anh district’s three-layer zoning model as a creative way to prevent the spread of COVID-19 without upsetting people’s lives, saying it must be multiplied in the city.