Delivery service Kerry Express (Thailand) has denied online rumours that parcels are going undelivered because its staff are quitting amid the coronavirus outbreak. “Following a viral story shared all in social media regarding Kerry employee resignations causing parcels to be undelivered, the company firmly conveys that the story is not true,” said the company’s chief commercial […]
Read MoreASEAN+3 growth is expected to reduce sharply to 2 per cent in 2020, followed by a strong rebound to 5.5 per cent in 2021, said ASEAN+3 Macroeconomic Research Office (AMRO) on Tuesday, with the launch of its annual flagship report. The ASEAN+3 region includes the 10 ASEAN members and China, Hong Kong, Japan and Korea. […]
Read More[KUALA LUMPUR] Malaysia’s 2020 budget deficit will rise to 4.7 per cent after it announced an additional stimulus of RM10 billion (S$3.3 billion) to counter the impact of the coronavirus pandemic on the economy, the finance minister was quoted as saying. “The total (stimulus) package now amounts to RM260 billion, which will raise the budget […]
Read MoreThe Hanoitimes – In 2020, raising public investment disbursement is the only way to lessen the pain of economic growth. Although Vietnam has maintained macroeconomic stability amid the Covid-19 pandemic, the current crisis is posing challenges to the country’s fundamental weaknesses, mainly a high dependence on foreign investment and exports, weak supporting industries, and high debt […]
Read MoreMANILA, Philippines — Dismal consumption and a halt in public transportation in Luzon started to temper inflation in March, an unwarranted consequence of businesses getting shuttered and consumers being asked to stay home in the Philippines’ most populous island. Consumer prices rose 2.5% in March, down from 2.6% in previous month and notching the slowest […]
Read MoreIndonesia has rolled out a fiscal stimulus worth trillions of rupiah and widened its state budget deficit beyond the 3 percent legal limit to afford a fight against the COVID-19 outbreak, but the figure seems small compared to what other countries are spending. The government has set aside Rp 436.1 trillion (US$26.36 billion) for the […]
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Thailand
