KUALA LUMPUR: Malaysia’s inflation rate, as measured by the Consumer Price Index (CPI) rose by 1.5% in June this year, which was in line with a survey, due to the low-base effects arising from the removal of the Goods and Services Tax (GST) last year. The Statistics Department said on Wednesday the abolishment of GST led […]
Read MoreA survey on insurance showed that the Myanmar insurance industry has potential to grow to K1.75 trillion in the next 12 months and grow to a K4 trillion market in 10 years. IKBZ Insurance Co Ltd, one of the largest insurers in the country, unveiled on Tuesday findings on the insurance market, Insights from Customer […]
Read MoreThe Hanoitimes – In general, Vietnam reaped no rewards from the trade war and is facing obstacles in shipments to several markets. Instead of gaining high growth in exports and FDI attraction in the wake of the US-China trade friction as forecast previously, Vietnam in fact did not see any positive effects from the conflict […]
Read MoreKUALA LUMPUR: Warning of the possibility of a global economic recession next year, Affin Hwang Capital said Malaysia needs to implement immediate measures to cushion against the impact. The upcoming Budget 2020, its chief economist Alan Tan said, should be business-friendly and include short-term boosters to defend the country’s economy from external weaknesses. During a […]
Read MoreEfforts are being made to raise the rate of financial inclusion in the Myanmar. Under the Myanmar Financial Inclusion Roadmap for 2019 to 2023, authorities are working with the UN Capital Development Fund (UNCDF) to raise the percentage of the population covered by the financial sector to 60 percent from 48pc currently, said Willian Naing, […]
Read MoreNew business registration is likely to stay flat this year, as the country is weighed down by a strong baht and the US-China trade spat. Most investors are taking a wait-and-see approach about the new government’s economic policies before making any decisions, said Sorada Lertharpachit, deputy director-general of the Business Development Department. She said the […]
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Thailand
