KUALA LUMPUR: Malaysia’s near-term economic prospects remain upbeat as the country’s Leading Index (LI) increased by 8.2%, underpinned by healthcare and transportation, and as more people get vaccinated. The Statistics Department said on Wednesday the LI, which is a predictive tool used to anticipate economic upturns and downturns in average of four to six months […]
Read MoreMANILA, Philippines — Cigarette manufacturers planning to set up operations in special economic zones (SEZs) will soon be required to register with the Bureau of Internal Revenue (BIR) in an effort to curb illegal tobacco trade, said the Department of Finance (DOF). Finance Secretary Carlos Dominguez III said some locators registered with the Philippine Economic […]
Read MoreBeing the key mainstay of the economy, the Vietnamese private sector is set to enjoy a more favourable business and investment climate, with hurdles to be removed for it to make rapid strides in supporting Vietnam to achieve the dream of becoming a developed country by 2045. Minister of Planning and Investment Nguyen Chi Dung told […]
Read MoreThe cabinet has approved the extension of the (We Travel Together ) scheme to cover an additional 2 million people, to boost domestic tourism. The cabinet meeting on Tuesday, chaired by Prime Minister Prayut Chan-o-cha, approved the third-phase extension of the stimulus package. The cabinet also approved a packaged tour stimulus programme, Tour Tiew Thai. […]
Read MoreThe Bank of Thailand (BOT) expects non-performing loans (NPLs) to rise this year amid the lingering Covid-19 impact on businesses. BOT senior director Suwannee Jatsadasak said commercial banks’ accumulated NPLs last year stood at Bt523.3 billion, or 3.12 per cent of total loans – up from 2.98 per cent in the previous year. “Most of […]
Read MoreThe Hanoitimes – Optimism about economic growth, however, is inversely proportional to respondents’ working position. A recent report from recruitment firm Navigos suggested more than 50% of workers are optimistic about Vietnam’s economic prospects this year, while 31% say the economy will decline. However, the report, which was conducted base on a survey on 6,000 employees […]
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