COVID 19

"According to United Nations figures, the metro area population of Hanoi is currently around 4.7 million, much smaller than Ho Chi Minh at 8.6 million."

"Though the initial three quarters of 2019 were marked by a number of negative factors including rising inflation, a contraction in industrial output and a falling GDP growth rate; the economy towards the end of 2019 had started showing signs of a turnaround."

"Thailand’s economy has been suff ering under the hardships resulting from COVID-19 and the countrywide lockdown that came into eff ect mid-March."

"E-commerce in Australia continues to grow at pace with estimates fromNational Australia Bank (NAB) indicating that online retail trade grew 5.6%month on month in March, and 21.8% year on year."

"In 2019, Chengdu’s GDP reached RMB1,701 billion in 2019, an increase of 7.8% year-on-year (YoY)—1.7 percentage points (ppts) and 0.3 of a ppt higher than the national rate and the Sichuan provincial rate, respectively."

"While the city seems to have successfully dealt with COVID-19, old trade and political tensions have returned to introduce new uncertainties."

"The COVID-19 outbreak severely impacted Beijing’s office market. Both landlords and tenants are facing enormous pressure from the stagnate leasing market in 1H/2020 and have adjusted their leasing strategies to make it through these darkdays."

"In Macau the first case of COVID-19 was reported on 22nd January (a visitor from Wuhan) and the Government quickly announced and implemented a series of measures to prevent further community spread."

"To contain the spread of the COVID-19 virus, the Malaysian government imposed a Movement Control Order (MCO) beginning 18th March 2020, which included border entry bans, travel restrictions and temporary closure of all businesses across all industries deemed non-essential."