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Malaysia favoured expansion destination for Asean

PETALING JAYA: Malaysia is a favoured expansion destination for Asean companies looking for growth opportunities in the region, according to Standard Chartered’s (StanChart) latest survey. In its “Borderless Business: Intra-Asean Corridor” report, it noted that 49% of survey respondents had selected Malaysia as one of the countries offering the best expansion opportunities in Asean over […]

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Philippine sugar production down in July

MANILA, Philippines — The country’s sugar production for the current crop year has already surpassed the government’s full-year target, according to the Sugar Regulatory Administration. Data from the Sugar Regulatory Administration (SRA) showed that sugar output reached 2.137 million metric tons as of the first week of July, slightly lower than the 2.14 million MT […]

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Thailand: Job-search blues

More than 90% of young people who responded to a recent survey are “anxious” or “very anxious” about their ability to find a job, with nearly 95% saying the Covid-19 pandemic is affecting the process of job hunting, according to Deutsche Post DHL Group (DPDHL). The three-week online survey, conducted to mark World Youth Skills […]

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ADB lowers Malaysia’s GDP to 5.5% for 2021

KUALA LUMPUR: The Asian Development Bank (ADB) has revised downwards the growth forecast for Malaysia to 5.5% for 2021 from its April projection of a 6% growth due to the fallout from restrictions imposed to curb the spread of the Covid-19 pandemic. The Manila-based ADB said on Tuesday in 1q, Malaysia posted a smaller GDP […]

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