Second, a concrete action that can help the ASEAN show leadership in stimulating the global economy is to roll back the trade restrictions imposed during the pandemic and conclude the Regional Comprehensive Economic Partnership (RCEP). Experience in the past three years shows that tariffs can slow global economic growth. On the other hand, concluding RCEP negotiations will help revive business confidence and stimulate growth – a needed shot in the arm for the global economy at this juncture of the pandemic. … [Read more...] about From containment to recovery: rescuing the ASEAN from crisis
Smart recovery meetings
Frank Bochmann is seen in a photo he provided Tuoi Tre News. Saebel: Vietnam’s tourism sector has been tragically affected by the outbreak of COVID-19. Airlines, hotels, restaurants, laundry facilities, amusement parks, transport companies, tour operators, and homestay owners have all seen their business come to a standstill. The loss of revenue and livelihoods for Vietnamese employees and entrepreneurs alike in all spheres is devastating and the real effects will only be seen as savings and cash funds dry up. … [Read more...] about How should Vietnam prepare for post-pandemic tourism recovery?
Furthermore, Novaland now possesses nearly 5,000ha of land bank, enough for it to develop new projects well in the next 10 years. This huge land holding ensures the groups development in future. It also guarantees co-operation between Novaland and its distribution agents. … [Read more...] about Novaland cooperates with prestigious agents to deliver real estate projects
Besides, the distributors will offer the public information about Novalands hospitality projects, which are intended as second homes, including villas and townhouses, shophouses. The Leisure & entertainment tourism complex of NovaWorld Phan Thiet or NovaWorld Ho Tram has a scale of 1,000ha. Both are leading the trend of real estate investment, creating new lifestyle for the southern real estate market … [Read more...] about Many prestigious partners to distribute Novaland’s products
Hanoi (VNA) - The Philippine government is eyeing a stimulus package worth 846 billion pesos (16.7 billion USD) to enable a full economic recovery from the COVID-19 pandemic, according to Finance Secretary Carlos Dominguez. The stimulus package, which is waiting for Congress' approval, would include a cut in corporate income tax and modernisation of the country's fiscal incentive systems, Dominguez said. Local businesses have urged lawmakers to pass these reforms early so that small, medium and large companies can resume their operation and recover from the public health crisis. The Philippine tax authority said the country's total tax revenue in the first four months of 2020 dropped sharply to 527.41 billion pesos (22.6 million USD), or 25.4 percent below last year's collection over the same period. Despite the decreased revenue, Dominguez said the Philippines remains "financially able" to meet the unexpected challenges of the pandemic. The country also has practiced fiscal … [Read more...] about Philippines considers 16.7-billion-USD stimulus package