The Asian Development Bank (ADB) has released forecast figures showing Cambodia’s real economic growth will reach 2.3 percent this year, 0.2 percent lower than a report released earlier this week by the World Bank. The ADB says that after two decades of strong performance, Cambodia’s economic growth is expected to drop to 2.3 percent in […]
Read MoreJAKARTA (Reuters) – Palm oil plantations in top palm producer Indonesia have imposed protocols to prevent the spread of coronavirus among workers but have no plans to reduce workers’ hours or other activities, an industry body said on Friday. Coronavirus has infected 1,790 people and killed 170 in the world’s fourth-most populous nation as of […]
Read MoreKUALA LUMPUR: The Malaysian economy is expected to see a contraction -2.0% at its worst and growth of 0.5% at its best in 2020, compared to 4.3% in 2019, against a highly challenging global economic outlook. Bank Negara Malaysia (BNM) in its 2019 Economic Monetary Review on Friday said the domestic economy will be impacted […]
Read MoreThe government’s recently issued import policy has failed to ensure a steady supply of garlic as importers have been late to complete garlic imports, Business Competition Supervisory Commission (KPPU) commissioners have said. KPPU commissioner Guntur Saragih said on Thursday that the Trade Ministry needed to evaluate its importers because garlic prices were currently high even […]
Read MoreThe Ministry of Economy and Finance has officially launched and implemented the government’s Co-Financing Scheme for Small and Medium Sized Enterprises in the Kingdom, according to a statement from the ministry. It said that the fund is now available for all prioritised SMEs sector. The government’s SME Co-Financing Scheme, aims at providing loans with low […]
Read MoreThe government on Friday unveiled plans for fresh government stimulus as well as rule changes to improve monetary policy flexibility, stepping up efforts to cushion the blow from the novel coronavirus outbreak. The latest stimulus would be funded by new borrowing and reallocation of the existing budget, and could be approved in a cabinet meeting […]
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Thailand
