WITH the current economic situation having a major impact on micro, small and medium enterprises (MSMEs) following the Covid-19 pandemic, Minister at the Prime Minister’s Office and Minister of Finance and Economy II Dato Seri Setia Dr Awang Haji Mohd Amin Liew bin Abdullah said consumption is one of the major points on how the […]
Read MoreMANILA, Philippines — The Department of Transportation and the Philippine Ports Authority on Tuesday called on cargo shippers and consignees (recipients) to pull out “overstaying cargoes” clogging Manila ports, with yard utilization reportedly exceeding 90%. “The last time we called the attention of cargo shippers, and consignees, they pulled out their overstaying cargoes and we […]
Read MoreThe National Bank of Cambodia (NBC) has called on the public to increase their use of riels, to assist the central bank to utilise the national currency as an instrument to effectively stabilise pricing and interest rates in the market during the COVID-19 crisis, according to the NBC’s director-general Chea Serey. Writing on her official […]
Read MoreMore than 140,000 employees lost their jobs last month due to the fallout from the Covid-19 pandemic, according to the Department of Employment. The Employers’ Confederation of Thai Trade and Industry has also estimated that from March until the end of the pandemic, at least 6.5 million will be put out of work, if migrant […]
Read MoreBank Indonesia (BI) will dominate ownership of the nation’s “pandemic bonds” as the government seeks to safeguard the economy from COVID-19 at the risk of a rising debt burden, including from its longest ever 50-year bond tenure, economists say. Bank Permata chief economist Josua Pardede said that foreign investors would be reluctant to buy risky […]
Read MoreMANILA, Philippines – Economic managers have highlighted President Duterte’s newly-acquired powers to tinker on the budget as an assurance funding is sufficient for a coronavirus disease-2019 (COVID-19) response, with culled data showing the government already raising nearly P800 billion for that purpose. In a statement on Tuesday, Finance Secretary Carlos Dominguez III pointed to Republic Act […]
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Thailand
