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Thailand: BoT chief applications open in May

The application period for the next chief at the Bank of Thailand is set to open later this month to appoint a successor to Veerathai Santiprabhob, whose tenure is due to end in September. The process requires the Fiscal Policy Office (FPO) to form a selection committee for the new central bank head chaired by […]

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COVID-19 stalls Myanmar product-label law enforcement

Authorities are struggling to enforce the use of Myanmar language on the labels of all products on the local market due to the COVID-19 pandemic, a senior Consumer Affairs official said. U Zayar Swe, deputy director of the Consumer Affairs Department, said his agency has yet to conduct any inspections of manufactures for compliance with the […]

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Malaysia’s economic growth slows to 0.7pc in Q1

KUALA LUMPUR (XINHUA) – Malaysia’s economic growth eased sharply to 0.7 per cent in the first quarter, dragged by the spreading of COVID-19 pandemic, the central bank said yesterday. Bank Negara Malaysia (BNM), the central bank, said in a statement that services and manufacturing sectors moderated while other sectors contracted. External demand and investment also […]

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