GDP figures to dominate Bank Negara Malaysia governor Datuk Nor Shamsiah Mohd Yunus is expected to release third quarter gross domestic product (GDP) data on Friday. IHS Markit projects the Malaysian economy to contract at an annual rate of 8.6% in the third quarter, slower than the minus 17% in the second quarter. ING Asia […]
Read MoreSome of the country’s tycoons have lost weight. Their sleek suits and barongs now look a size bigger. They look stressed and tired, and it seems they’ve aged in just a few months. But how could they not? Their sprawling billion dollar empires are counting massive losses, unable to defy gravity, no thanks to COVID-19 and our […]
Read MoreKUALA LUMPUR: The signing of the Regional Comprehensive Economic Partnership (RCEP) Agreement will be the central outcome of the 37th Asean Summit and Related Meetings, to be held virtually from Nov 9-15. The Asean Summit will be hosted by Vietnam who is the Asean chair for 2020. The RCEP agreement would make this grouping the […]
Read MoreTHE manufacturing sector in Singapore has continued to create more jobs with increased output, and even hard-hit sub-sectors like marine and offshore need workers to support their transformation efforts. Some 10,400 jobs and training and attachment slots are now available under the SGUnited Jobs and Skills Package in the sector, which saw output jump 24.2 […]
Read More[KUALA LUMPUR] Malaysia’s industrial production grew for a third straight month in September, rising 1 per cent from a year earlier, though the pace of growth was below expectations, government data showed on Monday. It was lower than the 1.7 per cent expansion forecast for the month by analysts in a Reuters poll. The output […]
Read MoreMANILA, Philippines — The International Monetary Fund (IMF) said the Philippines has fiscal space to provide more support to the economy amid the impact of the COVID-19 pandemic. Yongzheng Yang, IMF resident representative to the Philippines, told The STAR the country entered the pandemic with considerable policy buffers, including a level of public debt that […]
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Thailand
