This article is part of The Jakarta Post’s “Forging the New Norm” special coverage series, on how people are forging their lives anew to adjust to the new realities of COVID-19 in Indonesia. As Indonesians adjust to the reality of life in quarantine due to the COVID-19 pandemic, frozen precooked meals seem to be winning the […]
Read MoreMANILA, Philippines — Consumer prices for the country’s poorest households continued to rise in April as families outside Metro Manila felt the pinch, the Philippine Statistics Authority (PSA) said yesterday. The consumer price index for the bottom 30 percent income households accelerated to 2.9 percent in April from 2.4 percent in March, bringing the year-to-date […]
Read MoreKUALA LUMPUR, May 22 — Even as restrictions were eased to allow selected economic sectors to operate, a survey done among local service-based small and medium-sized enterprises (SMEs) showed how these entities, despite resuming operations, are still facing financial strains and inconsistent market demand triggered by measures taken to contain the Covid-19 outbreak. The study […]
Read MoreWhile COVID-19 has increased awareness on the importance of health insurance and led to better sales of life and health policies, demand for other insurance products has taken a beating, industry leaders say. For KBZ MS General Insurance, monthly sales of individual health products have gone up five times compared to pre-pandemic figures. “This is […]
Read MoreSINGAPORE (BLOOMBERG) – Negative interest rates are creeping into Singapore. The nation’s overnight borrowing rate was less than two basis points above zero on Tuesday (May 20), down from the year’s high of 1.68 per cent in January. The one-month swap offer rate, the cost to borrow the city’s currency for US dollar investors, fell […]
Read MoreIndustry insiders have stated the rising level of unemployment will hurt demand for the local real estate market, which has already been hit by the global COVID-19 pandemic, but should see an uptake if the virus situation is resolved within 12 months. Georg Chmiel, executive chairman of Juwai IQI, told Khmer Times yesterday that rising […]
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Thailand
