The Hanoitimes – The disruption of supply chains as a result of the Covid-19 pandemic is a major concern, as all ASEAN members are export-oriented, said Vietnam’s Trade Minister Tran Tuan Anh. ASEAN members have agreed to measures to boost economic growth and maintain existing supply chains amid the Covid-19 pandemic, according to Vietnamese Minister of […]
Read MoreMALAYSIA will likely see its interest rate cut again by another quarter of a percentage point next month, according to some economists. With inflationary pressure expected to remain subdued, while the economy is relatively weak, they note, there is a good chance that Bank Negara will lower the benchmark overnight policy rate (OPR) by 25 […]
Read MoreSINGAPORE, Aug 29 — While higher manpower costs would be inevitable with the latest changes to salary requirements for work pass holders, companies contacted by TODAY said that the impact on costs is not something they are too concerned about. Instead, they, along with some industry observers, questioned whether these policy directions will achieve the desired effect […]
Read MoreThe beginning of this season’s rice harvest has been slower than in 2019. Tis has been brought about by drought causing slower seed-planting, resulting in some farmers having to replant and harvest has now been extended into December. Kao Thach, director-general of the Rural Development and Agriculture Bank (RDAB), said that although the drought had […]
Read MoreMANILA, Philippines — Purchasing Managers Indexes (PMIs) for manufacturing in Asia are expected to have improved in August from July as demand recovers slowly, according to London-based think tank Capital Economics. In a research paper, the think tank said second waves of COVID-19 infection and economic scars from the pandemic would continue to weigh on […]
Read MoreThe Bangkok Metropolitan Administration (BMA) has extended the deadline for land and building tax payments until Oct 31, said governor Aswin Kwanmuang. The new land and building tax took effect at the start of this year, and the first collection was initially scheduled to commence in April. However, due to the economic fallout caused by […]
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