sin05
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Singapore: Some industries may continue to grow even as economy heads for worst-ever recession: MAS

SINGAPORE – Even as Singapore slides into its worst-ever recession, some businesses ranging across the trade, services and retail sectors may continue to grow, the Monetary Authority of Singapore (MAS) said in its Macroeconomic Review on Tuesday (April 28). The coronavirus pandemic has in fact boosted demand for medical products, making it Singapore’s only trade-related […]

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Vietnam: Banks urge Visa, Mastercard to reduce fees

The Vietnam Banks Association has urged international card organisations to reduce several types of fees on Vietnamese banks in the context that the COVID-19 pandemic negatively affected their card businesses. The association said that the pandemic significantly affected the operations and business of banks in Vietnam, including card businesses, in recent months. It cited statistics […]

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Malaysia – Azmin Ali: Govt allows approved economic sectors to resume full operations tomorrow

KUALA LUMPUR, April 28 ― The government has allowed companies under the economic sectors which have been permitted to operate during the movement control order (MCO) to resume full operations starting tomorrow. International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali said however, the companies must adhere to the Standard Operating Procedure (SOP) which […]

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Cambodia: Free-trade talks continue despite the pandemic

Cambodia is closer to inking trade deals with developed economies despite the ongoing COVID-19 pandemic. Seang Thay, a spokesperson at the Ministry of Commerce, told Khmer Times yesterday that the free-trade agreement (FTA) negotiations between Cambodia, South Korea, China and the Eurasian Economic Union (EAEU) – a huge free-trade bloc led by Russia – have […]

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