Corporate earnings, trade data in focus TRADE figures to be released this week will continue to draw scrutiny as markets will assess the prospects of economic recovery. The Statistics Department is expected to release July’s export, import and trade balance data on Friday. Malaysia’s trade surplus widened by 98.7% to RM20.9bil in June 2020 – […]
Read MoreInvestors are concerned about the stock market performance, which has become unpredictable because of the pandemic. Covid-19 has had a big impact on the economy. The GDP grew by 3.6 percent in Q2, the lowest growth rate in 10 years. The stock market has also suffered from a Covid-19 crisis. In Q1 alone, the VN […]
Read MoreAnother government-backed centre has been established for the purpose of managing an economy rattled by the pandemic crisis, with redundancy and business interest as the core qualms expressed over the move. The cabinet on Aug 23 gave the green light to establish a centre to handle the country’s economic rehabilitation from the coronavirus crisis. The […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) plans to put a cap on the finance charges imposed by banks and financial institutions on credit card loans to help ease the burden of consumers amid the COVID-19 pandemic. In a draft circular forwarded to major stakeholders for comment, the BSP is looking at imposing […]
Read MorePETALING JAYA: The government’s plan to impose a vacancy tax on developers to resolve Malaysia’s unsold units have been shot down by property consultants, the view being the tax will not solve the overhang but will instead raise prices. All three consultants say Housing and Local Government Minister Zuraida Kamaruddin should look at other ways […]
Read MoreThe number of Vietnamese using ride-haling services has increased rapidly in recent years, signalling the potential for the development of the sharing economy in the country. According to the e-Commerce White Book which the Ministry of Industry and Trade published recently, the percentage of surveyed participants booking a ride via ride-haling platforms on their mobile devices rose […]
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Thailand
