KUALA LUMPUR, April 7 — The additional RM10 billion stimulus package for small and medium enterprises (SMEs) does not adequately protect workers whose wages fall between RM4,000 and RM8,000, the Malaysian Trades Union Congress (MTUC) said. In a statement today, the MTUC’s secretary-general J. Solomon said the additional wage subsidy on top of an earlier […]
Read MoreThe Hanoitimes – The EuroCham Business Climate Index plunged to its lowest-ever score in the first quarter of 2020 due to impacts from the Covid-19 pandemic. The Covid-19 pandemic has exerted negative impacts on many European businesses in Vietnam, with 90% of them saying that they are hit by the virus, according to the latest Business […]
Read MoreThe ASEAN+3 Macroeconomic Research Office (AMRO), in its release revealed the shared common situation of the ASEAN + 3 nations economic growth prospects for this and next year amid headinds caused by the Covid-19 pandemic. According to the report, Cambodia’s economic growth this year is projected at 2.7 percent, but will rise to 6.8 percent […]
Read MoreDespite policymakers removing regulations to allow ethanol producers to make alcohol for hand sanitisers, disinfecting alcohol still remains in short supply at many convenience stores and pharmacies. Ethanol is purified alcohol at 99.8-99.9% made from cassava or sugar residue that is blended with unleaded gasoline to make gasohol, a fuel used in the transport sector. […]
Read MoreMANILA, Philippines — The expected easing of inflation over the next few months due to soft global oil prices will give the Bangko Sentral ng Pilipinas more room to cut interest rates to boost economic activity amid the coronavirus disease 2019 or COVID-19 outbreak, according to BSP Governor Benjamin Diokno. Diokno said inflation may ease […]
Read MoreThe central bank kept the key interest rate unchanged at a record low at its March 25 meeting to preserve policy room amid heightened uncertainties from the coronavirus outbreak, minutes from the meeting showed on Wednesday. The Bank of Thailand’s monetary policy committee (MPC) voted 4-2 at that meeting to keep the one-day repurchase rate […]
Read More
Thailand
