PETALING JAYA: The surge in Covid-19 cases over the past month has resulted in a pullback of Malaysia’s consumer price index (CPI) in November. The CPI declined 1.7% year-on-year (y-o-y) last month to 120 points compared with 122.1 points in November 2019. It was a slight contraction compared with October which recorded 120.2 points or […]
Read MoreSINGAPORE’S factory output was back on track in November, after an earlier decline, as plants in the volatile pharmaceuticals segment roared to life. Industrial production surged by 17.9 per cent year on year, after a shock dip of 0.8 per cent in October, Economic Development Board (EDB) data showed on Thursday. Manufacturing performance, fuelled by […]
Read MoreMANILA, Philippines — The national government incurred a budget shortfall past the P1-trillion mark in the 11 months to November amid slower revenue generation and higher spending due to COVID-19 response programs, the Bureau of the Treasury (BTr) said yesterday. Latest data from the BTr showed the national government’s fiscal deficit from January to November […]
Read MoreThe Hanoitimes – The portal is a way the Vietnamese government support local enterprises and people in approaching the free trade agreements to which Vietnam is a signatory. The Vietnam Free Trade Agreement Portal (FTA Portal) was launched at fta.moit.gov.vn, jointly held by the Ministry of Industry and Trade, the World Bank and relevant agencies on December […]
Read MoreKUALA LUMPUR: Prolonged lockdowns and social distancing measures are forecast to cap global gross domestic product (GDP) growth this year, making it unlikely that a return to pre-Covid-19 economic growth and trade activity to take place before late 2021. In South-East Asia, growth would likely be constrained by social distancing measures but restrictions would continue […]
Read MoreWith uncertainties and downside risks remaining, the Bank of Thailand has slashed the country’s GDP growth outlook for next year by 0.4 percentage points, attributed chiefly to an anticipated delay in tourism recovery. GDP growth was lowered to 3.2% from 3.6% projected previously as the impact of a prolonged outbreak abroad and a new outbreak […]
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