PETALING JAYA: Exports of Malaysian rubber products could catch up with – and even overhaul – the country’s palm oil-based manufactured products, as demand for gloves and personal protective equipment (PPE) prevails with a global shortage caused by the Covid-19 pandemic. Sunway University professor of economics Yeah Kim Leng (pic below) said global demand for […]
Read MoreShares in the cosmetics sector rose after dropping by 30 per cent year on year, but experts believe the boost is short-term from the news of the country reopening. On Tuesday, the share price of Beauty Community (BEAUTY) rose by 14.78 per cent to Bt1.32 per share, Do Day Dream (DDD) rose by 6.81 per […]
Read MoreThai household debt rose to 80.1 per cent of gross domestic product in the first quarter of this year, up from 50.4 per cent in 2009, according to a study. The high debt has adversely impacted economic growth while the Covid-19 outbreak has made it more challenging to solve the household debt problem and they […]
Read MoreHANOI, Vietnam — Vietnam’s economic growth picked up in the third quarter, boosted by a rally in exports as the country slowly emerges from a virus-induced slowdown. Vietnam has long been one of Asia’s fastest growing economies, and it is heavily reliant on exports, particularly after reaping the benefits of a trade spat between Washington […]
Read MoreMANILA, Philippines — The Philippine economy is expected to start recovering in the second quarter of next year after the country imposed the longest and strictest lockdowns to contain the spread of COVID-19, according to Fitch Solutions Country Risk & Industry Research. Michael Langham, senior analyst for Asia at Fitch Solutions, said during the Asia […]
Read MoreCITI will open its largest wealth hub globally in Singapore in December, tapping into growing wealth with a safely-distanced personal touch. The new wealth hub at 268 Orchard can house more than 300 relationship managers and product specialists, and features built-in facilities to host tailored lifestyle events for clients, as well as investment seminars. Officially […]
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Thailand
