PETALING JAYA: Uncertainty will remain the keyword in Malaysia’s trade performance in the near future as the latest figures show that exports took a step back after advancing twice. Exports fell 2.9% year-on-year (y-o-y) to RM79.14bil in August after advancing 8.8% y-o-y and 3.1% y-o-y in June and July respectively. Imports contracted for a sixth […]
Read MoreMANILA, Philippines — The local food service sector is seen to post a 54 percent decline in sales to $6.9 billion this year due to the coronavirus disease pandemic, according to the United States Department of Agriculture (USDA). Following an initial growth estimate of as much as 10 percent, the strict community quarantine measures imposed […]
Read MoreSINGAPORE (REUTERS) – Singapore’s central bank will likely keep policy settings steady in October on hopes the economy will recover as the financial hub further loosens coronavirus curbs and on expectations fiscal policy will be the main driver of a rebound, a Reuters poll showed. The Monetary Authority of Singapore (MAS) will keep its monetary […]
Read MoreVIETNAM’S economy recovered in the third quarter, but growth has come in slightly weaker than what economists have expected. The country’s Q3 gross domestic product (GDP) rebounded to 2.6 per cent year on year, compared with 0.4 per cent seen in the previous quarter, falling short of private sector economists’ expectations of a 2.7 per cent growth. […]
Read MoreThe Institute of Foreign Affairs of Laos (IFA) and the Devawong Varopakarn Institute of Foreign Affairs of Thailand will partner to build the capacity of the two institutes, with a focus on diplomatic training and more effective reciprocal visits. IFA Head Mr Mai Xayavongs and Thai Ambassador to Laos Damrong Kraikruan signed a Memorandum of […]
Read MoreCambodia’s economy has been growing steadily over the last decade. With 2019 recording the highest ever foreign direct investment (FDI) of $3.7 billion, this growth looks set to continue in the coming years and this is reflected in increasing innovation and the adoption of new technologies across the nation. “Data taken from VisaNet reveals that […]
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