Thailand must check the runaway gain in its currency as it makes it harder for exporters to compete in the global market, according to the Federation of Thai Industries. Authorities should curb foreign capital inflows if they continue to pressure the currency, FTI chairman Supan Mongkolsuthree said in an interview on Wednesday. The group considers baht […]
Read MorePETALING JAYA: Most millennials, or 74%, in Malaysia are struggling to meet day-to-day expenses and are borrowing more compared with other age groups since the onslaught of the Covid-19 pandemic. They also find it hard to control their bank balances compared with people over the age of 45. Some of the millennials (about 23%) have […]
Read MoreSINGAPORE’S service sector reported a 9.5 per cent year-on-year drop in receipts in the third quarter of 2020, although receipts improved on a quarterly basis compared to Q2 – the Republic’s “circuit-breaker” period, according to the Singapore Department of Statistics (SingStat) on Friday. Q3’s performance is a smaller contraction than that seen during Q2’s year-on-year […]
Read MoreThe Ministry of Commerce’s Directorate General of Consumer Protection, Competition and Fraud (CCF) has conducted a “National Dissemination and Planning Workshop on the Law on Consumer Protection” for relevant stakeholders and representatives of local and international organisations. It was held at Raffles in Phnom Penh yesterday. The event served to promote the implementation of the […]
Read MoreFoxconn is moving some iPad and MacBook assembly to Vietnam from China at the request of Apple Inc, said a person with knowledge of the plan, as the United States firm diversifies production to minimize the impact of a Sino-US trade war. The development comes as the outgoing administration of US President Donald Trump encourages […]
Read MoreMANILA, Philippines — The net outflow of speculative funds or hot money more than tripled to $3.94 billion from January to October compared to last year’s $1.22 billion despite the strong inflows in October, according to the Bangko Sentral ng Pilipinas (BSP). The BSP traced the higher net outflow of foreign portfolio investments during the […]
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