KUALA LUMPUR: The Business Conditions Index (BCI) posted a modest recovery of 25.3 points in the third quarter (Q3) of 2020, settling at 86.3 points compared with a major drop of 22.0 points in Q2, indicating a boost in manufacturers’ confidence level. According to the Malaysian Institute of Economic Research’s (MIER) business conditions survey report, […]
Read MoreMANILA, Philippines — The country’s nickel miners expect prices to remain favorable until 2021 despite the coronavirus pandemic. “Hopefully, prices will continue to be good in 2021. The best news now is all economies in the world are reacting to China’s third quarter GDP (gross domestic product),” Philippine Nickel Industry Association board member Isidro Alcantara […]
Read MoreThe Hanoitimes – Vietnam was among a handful of economies that has brought the spread of Covid-19 under control early on. Amid a generalized downtrend in the third quarter, Vietnam posted the highest trade growth globally during the period at 10.9% year-on-year, according to the United Nations Conference on Trade and Development (UNCTAD)’s new Global Trade […]
Read MoreIndonesia needs broad-based tax reform to boost its revenue in the long run so that the country can minimize the impact of spending adjustments and fund its development projects, the International Monetary Fund (IMF) has said. Although the country has established a digital tax as a new income source, the additional revenue is likely to […]
Read MoreExports are expected to slowly recover in the remaining months this year, boosted by strong demand for food, people working from home, Covid-19-related products, and automobiles and parts. Speaking after the second meeting of the Joint Public and Private Sector Consultative Committee on Commerce, Commerce Minister Jurin Laksanawisit said on Wednesday both the public and private […]
Read MoreBANGKOK: Thailand received a group of tourists from China on Tuesday, its first such arrivals since commercial flights were banned in April to combat the coronavirus pandemic, the visitors seemingly undeterred by escalating street demonstrations in Bangkok. Thirty-nine tourists from Shanghai arrived on Tuesday night, the deputy director of the country’s main Suvarnabhumi Airport, Kittipong […]
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