KUALA LUMPUR (BLOOMBERG) – Malaysia’s largest pension fund is investing more overseas as it seeks to beat the 4 per cent to 5 per cent return it has been achieving. “We will definitely aim for that,” Alizakri Alias, chief executive officer of the Employees Provident Fund (EPF), said in a Bloomberg TV interview with Haslinda […]
Read MoreThe cabinet on Tuesday approved two stimulus packages worth 22.4 billion baht to revitalise domestic tourism which has been left reeling from the Covid-19 pandemic. The packages will start today and run until Oct 31, said deputy government spokeswoman Traisuree Taisaranakul. She said that originally there were three packages known as “Happiness-sharing trips”, “Let’s travel”, […]
Read MoreSINGAPORE – Prices of private homes slipped for a second straight quarter as demand was suppressed during the nearly two month-long circuit breaker period. Flash estimates from the Urban Redevelopment Authority (URA) on Wednesday morning (July 1) showed its overall price index for private residential properties declined 1.1 per cent in the second quarter from the previous three […]
Read MoreMANILA, Philippines — San Miguel Corp., the country’s diversified conglomerate, is optimistic its business will recover despite posting lower results in the first quarter of the year as a result of the coronavirus disease 2019 or COVID-19 pandemic. During the company’s annual shareholders meeting yesterday, SMC president and COO Ramon Ang said the company’s major […]
Read MoreCambodia has called on the US-ASEAN Business Council’s (US-ABC) members to put more investment in the Kingdom’s tourism sector to tap the country’s potential sector after COVID-19 ends. The call was made by the Minister of Tourism in the US-ABC meeting via video conference. During the meeting, Tourism Minister Thong Khon presented an opportunity in […]
Read MoreThe Hanoitimes – Vietnamese economy’s resilience, the government’s capable handling of the pandemic, and it being a beneficiary of supply chain relocation could help the country rebound quicker versus the region. Fitch Solutions, a subsidiary of Fitch Group, has revised up its 2020 real GDP growth forecast for Vietnam to 3% from 2.8% previously. The country’s […]
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Thailand
