KUALA LUMPUR: Consumer sentiment is likely to remain cautious for the remainder of the year due to the lingering impact of the Covid-19 outbreak, says Kenanga Investment Bank Research. While private consumption continues to be determined by the government stimulus packages, a low interest rate environment and a possible consumer-friendly Budget 2021, the economy could […]
Read MoreThe Consumer Price Index (CPI) declined in September compared to the previous month but was still high, creating further hardship for people struggling to rise out of poverty. According to a report from the Lao Statistics Bureau, the CPI stood at 114.97 points in September, resulting in an inflation rate of 4.63 percent, down from […]
Read MoreMANILA, Philippines — Price increases in consumer goods continued to ease in September as food prices were mostly lower, the Philippine Statistics Authority (PSA) reported yesterday. The continued growth in transportation cost, however, threatens the stability of inflation in the remaining months of the year. Headline inflation fell further to 2.3 percent in September from […]
Read MoreVietnam and the United Kingdom are speeding up negotiations on a new-generation free trade agreement between the two sides, which is expected to be completed at the end of this year. The information was released at a webinar themed “Vietnam’s Trade and Economic Future: Opportunities for British and Vietnamese Businesses”, which was jointly held by […]
Read MoreSINGAPORE: Singapore’s overall unemployment rate rose to 3.4% in August, official data showed, the highest since the middle of 2004 as businesses shed jobs due to the coronavirus pandemic. The rate nudged above a 3.3% peak hit during the global financial crisis in September 2009, the data showed. The city-state last month began releasing jobless […]
Read MoreSome 50% of Thais agree with a plan to reopen the country for specific groups of tourists, says the Tourism Council of Thailand (TCT), while domestic tour operators are proposing inclusive measures to the government. The TCT survey polled 1,362 Thais during Aug 15-30, including residents in Phuket, Chiang Mai, Koh Samui, Krabi and Pattaya. […]
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