Internal travellers are giving the Kingdom’s tourism sector, devastated by COVID-19, a breath of fresh air, according to insiders. The Kingdom’s tourism attracted more than 1.4 million internal visitors, both locals and foreigners who are living here, during the week of Khmer New Year substitute days even though the country issued cautions over the pandemic, […]
Read MoreKUALA LUMPUR (BERNAMA) – The Malaysian ringgit is likely to trade between the 4.165 and 4.185 level, influenced by external factors, with the greenback general direction and oil prices expected to drive sentiment again, said an analyst. AxiCorp chief global market strategist Stephen Innes said the United States (US) dollar is unlikely to turn significantly […]
Read MoreBolstered by the growing demand in the EU, Vietnam’s coffee industry has a major opportunity to capture a bigger market share on the European continent. Tran Van Thinh, owner of a coffee store in Berlin, expects that he could buy Vietnam’s speciality coffee products. “The locals like Vietnamese coffee but we still buy products from […]
Read MoreBANGKOK: Thailand’s fiscal policy should play a greater role to help the economy recover from the impact of the coronavirous pandemic, the central bank governor said on Friday, with the benchmark interest rate at a record low. The central bank will focus on assisting with debt restructuring, Veerathai Santiprabhob told reporters after the launch of […]
Read MoreMANILA, Philippines — The slow distribution of fiscal support as the pandemic wears on will contribute to the slow recovery of the economy, according to a London-based think tank. In a report, Capital Economics said the slow distribution of social assistance to vulnerable sectors may cause a slower economic recovery. “While second quarter gross domestic […]
Read MorePETALING JAYA: Declining household income, insufficient savings and a resurgence of the Covid-19 threat will likely dampen private consumption, a key component of the Malaysian economy, in the near term. The job prospect level would also dictate private consumption trends moving forward, amid unemployment which is expected to hover between 4% and 4.5% this year. […]
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