SINGAPORE: Singapore’s central bank urged households on Tuesday to be prudent about property purchases amid a weak labour market and a deep economic slump, even as locals shrug off the impact of the coronavirus pandemic to buy real estate. “Given that an uncertain economic outlook could have dampening effects on income streams, households should remain […]
Read MoreThe Hanoitimes – The number of international arrivals to the country in November was higher than the previous month. About 3.8 million international arrivals entered Vietnam in the first eleven months of 2020, down 76.6% year-on-year as Vietnam suspends foreign entries to contain the spread of Covid-19 pandemic. The international arrivals included foreign investors, experts, highly-skilled […]
Read MoreThe Bank of Thailand plans to implement additional measures to help manage the baht’s appreciation in December as part of a push to forge a new foreign exchange ecosystem. The central bank expects to implement additional measures as a policy package to properly manage two-way movement of the foreign exchange rate, said Chayawadee Chai-Anant, senior […]
Read MoreCambodia has exported more than 600,000 tonnes of milled rice in the first 11 months of the year, according to the Minister of Agriculture, Forestry and Fisheries (MAFF). MAFF’s Minister Veng Sakhon said that the rice exports from Cambodia in the first 11 months rose 16 percent, reaching at 601,045 tonnes. He added that more […]
Read MoreThe 17th China-ASEAN Expo (CAEXPO) which concluded yesterday saw ASEAN officials and businessmen call for deepening regional cooperation and free trade. “The signing of the landmark Regional Comprehensive Economic Partnership (RCEP), the world’s biggest trade pact, will further facilitate free trade,” said senior ASEAN officials and businessmen. CAEXPO was held starting November 27 in Nanning, […]
Read MorePETALING JAYA: The Malaysian economy is expected to rebound 6% in 2021, from a contraction of 5.5% this year. This is according to UOB Malaysia senior economist Julia Goh, who has forecast the economy to rebound next year as a result of government efforts to counter the effects of the Covid-19 pandemic, as well as […]
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