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Wholesale, retail trade up in Malaysia

KUALA LUMPUR (BERNAMA) – Malaysia’s wholesale and retail trade volume index grew by 1.5 per cent year-on-year (y-o-y) to 127.5 points in the first quarter (Q1) of this year compared with Q1 2019, according to the Department of Statistics Malaysia (DoSM). In a report released yesterday, Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said […]

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Thailand: Finance Ministry to issue savings bonds soon

The Finance Ministry plans to offer special savings bonds worth 50 billion baht to the public to give taxpayers more investment alternatives to earn higher income as low interest rates and economic uncertainty prevail. The savings bonds, part of the government’s 1-trillion-baht borrowing plan to alleviate the damage from the pandemic, will be divided into […]

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Philippines: Hot money outflow highest in 6 years

MANILA, Philippines — The Philippines booked the biggest outflow in foreign portfolio investments in more than six years as global investors avoided the country while others cashed in on their holdings due to the coronavirus disease 2019 or COVID-19 pandemic. Data released by the Bangko Sentral ng Pilipinas (BSP) showed the country recorded a net […]

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Thailand: Malls, gyms tipped to open next

Shopping malls, gyms and amusement parks, considered high-density venues, are expected to reopen next if the number of new Covid-19 infections continues to drop for another week. The Public Health Emergency Operation Centre held a meeting with representatives of eight business clusters in the kingdom to discuss preparations for the next stage of easing the […]

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Thailand: Hotels seek end to 14-day quarantine

The Thai Hotels Association (THA) has urged Prime Minister Prayut Chan-o-cha to lift the 14-day quarantine for visitors from countries that successfully contain the virus spread and also wants a tax deduction for hotels that invest to meet new hygiene standards. At a meeting with Gen Prayut on Friday, the association reported that the most […]

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