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Malaysia: Online boost for local businesses

RHB Banking Group has taken an innovative approach to promote small and medium enterprises (SMEs) to consumers through the RHB #JomSapot campaign. The campaign running from now until Nov 30 is held in conjunction with Malaysia Day celebrations and aimed at accelerating business activity growth, supporting local businesses to stay afloat while giving consumers greater […]

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Thailand sees economy shrinking less than forecast

BANGKOK: Thailand may avoid its worst-ever economic performance by boosting cash handouts to pandemic-hit citizens and accelerating government spending in the final quarter, according to Deputy Prime Minister Supattanapong Punmeechaow. South-East Asia’s second-largest economy may shrink less than 7.5% this year with the help of various stimulus measures and barring a major second wave of […]

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Laos: Govt seeks ways to buffer impact of global slump

The government has highlighted the issues causing significant adverse impacts on the economy, ranging from the Covid-19 pandemic to global changes and other undesirable events. At the cabinet’s monthly meeting held in Vientiane on September 17-18, authorities were urged to strictly implement measures and closely monitor people entering Laos to prevent a second wave of […]

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Cambodia: UK FTA could be on horizon

Cambodia and the UK have vowed to boost their bilateral trade as the Kingdom looks to establish a bilateral free trade agreement with the country. The understanding was made during a meeting between secretary of state of the Ministry of Commerce Sok Sopheak and deputy chief of mission at the British Embassy in Cambodia Marc […]

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Philippines: BSP releases P1.4 trillion to boost economy

MANILA, Philippines — Additional liquidity injected into the financial system from various measures aimed at softening the economic impact of the coronavirus pandemic has reached P1.4 trillion, according to the Bangko Sentral ng Pilipinas. BSP Governor Benjamin Diokno told participants of a webinar organized by Standard Chartered Bank that the amount released into the financial […]

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