2020 – Page 694 – ASEAN Economic Community Strategy Center

April 21, 2020

Indonesia: Ministry encourages businesses to buy farmers’ chickens as prices fall

The Agriculture Ministry is collaborating with businesses to encourage them to purchase farmers’ chickens, improving the current oversupply and prices as breeding season unfolds. The ministry on Monday officially formed a partnership with the National Poultry Breeders Organization (Gopan), the Poultry Farmers Association and Information Center (Pinsar) and animal feed company PT Universal Agribisnisindo. “The […]

April 21, 2020

Philippines: Peso remains stable despite headwinds — DOF

MANILA, Philippines — The peso has remained stable despite the havoc caused by the coronavirus pandemic on the global economy and financial markets, according to the Department of Finance. DOF Undersecretary Gil Beltran said the peso ranked third among the three currencies in Asia that maintained their value against the dollar as of April 15. […]

April 21, 2020

Myanmar economy still forecast to grow despite global recession: IMF

Myanmar is among just 10 percent of the globe projected by the International Monetary Fund to post economic growth this year. The rest of the world is expected to slip into recession. The forecast comes despite the spread of COVID-19 in Myanmar, which has already resulted in the closing of its borders, worsening conflict in […]

April 21, 2020

Auto, retail, hospitality and gaming seen as hardest hit sectors in region, Cambodia not spared

Moody’s Investors Service says its negative outlooks for non-financial companies in the Asia-Pacific region are dominated by the auto, retail, hospitality and gaming sectors. In a report released in Hong Kong on Monday, the US rating agency said credit trends in the region would “remain negative” in 2020. “The coronavirus pandemic has massively disrupted global […]

April 21, 2020

Vietnam: Real estate to remain good investment after Covid-19 ends

Economists believe that real estate will remain a safe shelter for investors, and will still bring attractive profits in the post-Covid-19 period. Many real estate firms said they have had to cancel the events to advertise their new projects and delay launching new products. Some realtors hope they can market new products in the second […]

April 21, 2020

Brunei: Use online services, minister urges

Several initiatives have been implemented to reduce congestion at Land Transport Department (JPD) counters and its branches, including increasing online service usage, Pay and Collect and the Darussalam hotline 123 over the past two weeks. Minister of Transport and Infocommunications Dato Seri Setia Awang Abdul Mutalib bin Pehin Orang Kaya Seri Setia Dato Paduka Haji […]

Asean News

Malaysia’s construction sector expands 8.1% in 2Q 2023 – DoSM

Philippines: Government hikes budget for debt payment

Thailand: Behind the power tariff decision

Cambodia’s agricultural product exports at $2.6 billion

More Filipinos went jobless, sought more working hours in June

Cambodia, Laos & Myanmar – 2016 Foreign Investment Outlook

Vietnam: Elusive trade target with Vietnam renewed

Central Group wins bid for Big C Vietnam

Economy Retailers must find competitive edge: experts

Up to 72 percent of enterprises support TPP

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Yearly Archives: 2020