[TOKYO] Asia’s economic growth this year will grind to a halt for the first time in 60 years, as the coronavirus crisis takes an “unprecedented” toll on the region’s service sector and major export destinations, the International Monetary Fund (IMF) said on Thursday. Policymakers must offer targeted support to households and firms hardest-hit by travel […]
Read MoreSINGAPORE (THE BUSINESS TIMES) – The following companies saw new developments that may affect trading of their shares on Thursday (April 16): DBS, OCBC, UOB: Singapore’s Big Three banks saw a surge in enterprise loan applications in the past two months, with the majority of requests coming from micro and small businesses under siege from the virus pandemic, The […]
Read MoreThailand’s Kasikornbank is planning to expand into Myanmar’s retail market with a focus on digital services. The Central Bank of Myanmar on April 9 approved the Thai bank’s acquisition of a 35 percent stake in Ayeyarwaddy Farmers Development Bank (A Bank), making it the first foreign commercial bank to take a stake in a local […]
Read MoreThe Ministry of Transport and Infocommunications (MTIC) through the e-Government National Centre (EGNC) expressed appreciation for public cooperation in using their online services. To ensure the online process runs smoothly and to update the documents, it is advisable for the public to facilitate the online payment process by ensuring the credit/debit card that is to […]
Read MoreThe coronavirus outbreak is driving behavioural changes, especially in combined online-offline shopping, food orders, premium and innovative products and domestically produced items, according to research firms. “Thailand is entering the fourth stage of the pandemic, where people are living with quarantine preparations,” said Somwalee Limrachtamorn, managing director of Nielsen Company Thailand. The fifth stage is […]
Read MoreKUALA LUMPUR, April 15 — The International Monetary Fund (IMF) has projected Malaysia’s real gross domestic product (GDP) to grow at a rate of nine per cent next year, the fastest among the Asean-5 countries which are expected to see a combined GDP growth of 7.8 per cent. Besides Malaysia, Asean-5 includes Indonesia, Thailand, the Philippines and Vietnam […]
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