KUALA LUMPUR, May 10 — The existing conditional movement control order (CMCO) enforced nationwide will be extended to June 9, Prime Minister Tan Sri Muhyiddin Yassin announced today. In his special address on the 7th day of the CMCO, Muhyiddin said despite achieving several positive results throughout the movement control order (MCO) imposed since March […]
Read MoreCambodia’s cross border trade with Thailand fell to $1.5 million in the first quarter as the coronavirus hit the global economy and led to closure of dozens of checkpoints. The Thai Foreign Trade Department said the country’s overall cross-border trade, including transit trade, totalled 264.97 billion baht in the first three months, with Malaysia still […]
Read MorePRACHUAP KHIRI KHAN: Business operators in this lower Central province have called for the government to reopen the Singkhon border pass with Myanmar, saying its closure has affected the province’s trade and investment. The villagers of Mu Dong have resorted to buying consumer goods from Mergui town in the far south of Myanmar, said provincial […]
Read MoreConsumer confidence slumped to a 21-year low in April as the public remained worried about the poor economy, unemployment and future income because of the coronavirus. The University of the Thai Chamber of Commerce (UTCC) reported yesterday that the consumer confidence index fell to 47.2 last month from 50.3 in March. This was the 14th […]
Read MoreFirst time in 15 years MANILA, Philippines — The Philippines suffered a setback as it received its first credit rating downgrade in 15 years after New York- based Fitch Ratings lowered the country’s credit outlook to stable from positive due to the economic fallout from the coronavirus disease 2019 or COVID-19 pandemic. Fitch said the […]
Read MoreDespite the 21 percent decrease in FDI decrease in Q1, Kizuna, which leases ready-made workshops in Long An province, is still moving ahead with its plan to expand production. The company is hurrying to implement Kizuna – Ready Serviced Space project in Kizuna 3 area in Can Giuoc district. Once completed, the 80,000 square meters […]
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