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Thailand’s neighbors worried Unrest Could Spread

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Thailand’s neighbors are watching the political unrest in Bangkok with growing concern. The Association of Southeast Asian Nations (ASEAN) has said the protests there could spread economic and political instability throughout the region.

ASEAN has called on the Thai government and the anti-government demonstrators to exercise restraint and to seek a settlement through dialogue and reconciliation. The foreign ministers of Singapore and Indonesia have made similar statements.

via SE Asia Worries Thailand’s Unrest Could Spread | Asia | English.

The immediate crisis had been escalating since mid-March 2010, when tens of thousands of members of the increasingly heterogeneous UDD began their takeover of the streets of Bangkok. The red-bedecked activists from all over Thailand carried their tents, sleeping-mats and food supplies into the area around the high-rent shopping-district of the Rajprasong intersection. The red-shirts’ political representatives held intermittent talks with the government of Thailand’s prime minister Abhisit Vejjajiva; but these broke down in the first days of April, and the protestors then vowed to stay in place until the parliament was dissolved and new elections announced.

Tech

Global fashion e-tailer Shein launches new hub in Singapore

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Shein has websites for Singapore, Indonesia, Thailand, Vietnam, and the Philippines and has plans to create a standalone website for Malaysia too.

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Singapore

How Businesses in Singapore can Reduce Overhead Costs During the Pandemic

The government is expected to draw on S$53.7 billion (US$40 billion) from its reserves for this year and an additional S24 billion (US$17.8 billion) over the next three years to assist local companies transition into a post-pandemic business environment.

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How Businesses in Singapore can Reduce Overhead Costs During the Pandemic

Singapore’s government has provided an array of fiscal and non-fiscal incentives to help businesses reduce their overhead costs during the pandemic.

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