malay01
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Malaysia: Economic activities will continue to function during state of emergenc

KUALA LUMPUR, Jan 12  — Tan Sri Muhyiddin Yassin expounded that the country’s economic activities will continue to function throughout the duration of the state of emergency, but is subject to compliance with the standard operating procedures (SOPs) and the re-implementation of the Movement Control Order (MCO). The Prime Minister said the government would ensure that economic activities […]

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vn02
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Real estate accounts for 7.6% of Vietnam economy

The Hanoitimes – Local experts list real estate the most important sector in many countries, including Vietnam. Real estate industry accounted for roughly 7.62% of Vietnam’s gross domestic product (GDP) in 2019, information has been released by the Vietnam National Real Estate Association (VNREA). The percentage is likely 13.6% if land is included, VNREA said in […]

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th02
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Thailand: Provident fund contribution delay continues

The Finance Ministry has allowed employers and employees to extend halting or delaying provident fund contributions for another six months amid the recent Covid-19 outbreak in Thailand. On April 29, 2020, former Finance Minister Uttama Savanayana announced the type of businesses, duration and conditions for employees or employers to halt or delay provident fund contributions […]

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phil01
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Philippines: Duterte’s slowest spending growth keeps 2020 deficit below cap

MANILA, Philippines — Spending growth was at its slowest under the Duterte administration last year when the pandemic created new public needs to fund, controlling a record-high deficit that ultimately settled below a government-imposed cap.  The yearend fiscal performance, nonetheless, was welcomed by no less than Finance Secretary Carlos Dominguez III who justified anew his […]

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