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Posted on June 18, 2020

This UAE firm offers a letter of guarantee with no fees in less than 24 hours

The cumulative balance of letters of guarantee and other credit facilities provided by banks and other business entities in the UAE reached Dhs4.533 trillion in February 2020, an increase of ... ( read original story ...)

Posted on June 18, 2020

Vietnam warned of troublemaking transshipment from China, S.Korea to US

Vietnam should take stronger measures related to origin of goods and products to avoid risks of lawsuits or being taken advantage of by other countries to evade US import tariffs. Vietnam should be ... ( read original story ...)

Posted on June 18, 2020

Philippines seeking investors under ‘new normal’

Philippine officials sent a message to foreign investors that the Philippine economy is in good position to rebound under the “new normal” amid the coronavirus disease 2019 (COVID-19) pandemic. The ... ( read original story ...)

Posted on June 18, 2020

Japan to ease entry bans on business people, foreign residents

Japan will ease entry restrictions for a limited number of business travelers, long-term stay foreign residents and technical interns who must adhere to strict rules and conditions to prevent the ... ( read original story ...)

Posted on June 18, 2020

Japan Woos Hong Kong Business as Abe Cools to China

TOKYO—Japan is laying out the welcome mat for Hong Kong-based financiers while China is encouraging them to stay put, adding to the chill between Asia’s two biggest economic powers. Tokyo has ... ( read original story ...)

Posted on June 18, 2020

After 10 Years in Japan, Desigual Arrives in Ginza

Coinciding with the tenth anniversary of its entry into the Japanese market, Spanish brand Desigual has opened a new store in the luxury shopping district of Ginza in Tokyo. The opening was de ... To ... ( read original story ...)

Posted on June 18, 2020

Japan considers allowing 250 business travelers daily

TOKYO >> Up to 250 business travelers from Australia, New Zealand, Vietnam and Thailand could be allowed to enter Japan per day starting this summer, under a proposed relaxing of travel restrictions ... ( read original story ...)

Posted on June 18, 2020

Japan firms curb jobs, cut pay to cope with coronavirus pain: Reuters poll

A majority of Japanese firms said they have taken steps - from lay offs to pay cuts - to cope with the fallout from the coronavirus pandemic on the world's third-largest economy, according to a ... ( read original story ...)

Posted on June 18, 2020

ADB: Bangladesh to see 7.5% growth in FY2021

The growth forecast for FY2020 reflects a sharp decrease in economic activities in the last quarter due to the effect of the coronavirus pandemic in Bangladesh ... ( read original story ...)

Posted on June 18, 2020

Indonesia’s debt to swell further in 2021 to finance economic recovery

The Finance Ministry’s Fiscal Policy Agency head Febrio Nathan Kacaribu said Indonesia’s debt-to-gross domestic product (GDP) ratio would swell to between 33.8 percent and 35.8 percent next year. ( read original story ...)

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