KUALA LUMPUR, May 13 — Bank Negara Malaysia said the risk of Malaysia falling into deflation is limited despite the expectation of headline inflation to turn negative this year. Governor Datuk Nor Shamsiah Mohd Yunus said for deflation to happen, the country would have to experience a prolonged and broad-based decline in prices, coupled with […]
Read MoreThe Hanoitimes – The majority of imported cars in Vietnam in April came from Thailand and Indonesia. Vietnam imported 31,586 cars in the first four months of 2020 worth US$688 million, down 36.2% year-on-year in volume and 38.57% in value, the General Department of Vietnam Customs (GDVC) said in a release. Upon breaking down, the country […]
Read MoreMANILA, Philippines — The inter-agency Development Budget Coordination Committee (DBCC) has further lowered its gross domestic product (GDP) projection this year as the economy continues to suffer from the impact of the coronavirus disease 2019 or COVID-19 pandemic. In a statement, DBCC said the Philippine economy is expected to shrink by a range of two […]
Read MoreFood delivery service platform GoFood, a part of ride-hailing application Gojek, has seen a jump in transactions in recent months as people dine at home during the COVID-19 pandemic. Gojek chief food officer Catherine Hindra Sutjahyo said GoFood saw a 10 percent increase in transactions at the beginning of this month compared to the end […]
Read MoreThe Finance Ministry plans to close registration for the monthly 5,000-baht cash handout scheme this week as review of appeals submitted by rejected registrants is almost complete. As of May 12, 14.2 million applicants already passed the criteria to receive the aid money, while 98-99% of the appeals are expected to be completely reviewed by […]
Read MoreWhile the ongoing pandemic is taking a severe human and economic toll worldwide, deal-making activity in Vietnam is likely to maintain momentum as corporate leaders are being asked to make strategic decisions for hunting capital. Park Jun-Yong, a South Korean lawyer from Linden Investment Co., Ltd. predicted, “We will see more mergers and acquisitions (M&A) […]
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Thailand
