KUALA LUMPUR: The ringgit rebounded to open higher on Tuesday as risk-on mood and steady oil prices supported demand. As at 9.07 am the ringgit was traded at 4.1660/1720 versus the greenback compared with 4.1730/1780 at Monday’s close. AxiCorp chief global market strategist Stephen Innes said the ringgit is trading stronger today, supported by improving […]
Read MoreThe government will extend the state of emergency through October as it plans to reopen the country to foreign visitors. The Centre for Covid-19 Situation Administration chaired by Prime Minister Prayut Chan-o-cha on Monday approved the extension of the emergency decree through Oct 31, according to Deputy Prime Minister Wissanu Krea-ngam. The panel also approved […]
Read MoreOverlapping laws and contradictory regulations are causing problems for many businesses and individuals. Capital disbursement gets stuck On October 2, 2019, Prime Minister Nguyen Xuan Phuc signed a decision on the establishment of the National Innovation Center (NIC). The Ministry of Planning and Investment (MPI) plans to set up the center at Hoa Lac Hi-tech […]
Read MoreSINGAPORE (June 29): Economists expect Singapore’s manufacturing to weaken in the coming months, following the plunge in May’s factory output numbers. The metric fell 7.4% year-on-year, reversing into the red after two months of stellar growth. RHB Securities’ economists attribute this to the circuit breaker measures which restricted the operations of non-essential services from April […]
Read MoreThe Hanoitimes – Vietnam’s trade turnover is likely to have reached US$238.4 billion in the first half this year, down 2.1% year-on-year. Vietnam reported an estimated trade surplus of US$500 million in June, expanding the country’s trade surplus to US$4 billion in the January – June period, compared to a US$1.7-billion surplus recorded in the same […]
Read MoreAll night entertainment venues, including wet massage parlours, will open their doors again on Wednesday and some foreigners will be allowed into the country, but not tourists, as virus lockdown restrictions are further eased. The Centre for Covid-19 Situation Administration (CCSA) on Monday gave the greenlight for all remaining entertainment facilities to reopen from Wednesday. […]
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Thailand
