KUALA LUMPUR: Malaysia’s central bank is expected to cut key interest rates to historic lows on Wednesday, according to a Reuters poll, after surging coronavirus infections led the government to impose fresh lockdowns, further curbing economic activity. Nine out of 15 economists expected Bank Negara Malaysia (BNM) to cut its overnight policy rate to a […]
Read MoreThe government should increase expenditure in the next fiscal year to deal with the economic fallout post Covid-19, while investors should beware of a major correction in the stock market, an economist has said. Anusorn Tamajai, former dean of the Faculty of Economics at Rangsit University, said that the Thai government should increase expenditure by […]
Read MoreThe Hanoitimes – A key strength in Vietnam’s business environment is the country’s proliferating membership of free-trade agreements. A low-cost manufacturing base and internal political stability are among key factors that turns Vietnam into a rising star in the region’s shifting supply chains, the Economist Intelligence Unit (EIU) of the Economist Group stated in its latest […]
Read MoreThe Ministry of Economy and Finance has issued a prakas (directive) for the classification of taxpayers doing business in the Kingdom currently under the existing self-assessment regime. The directive was signed by Minister of Economy and Finance Aun Pornmonirath. It is intended to provide consistency in the management and collection of all types of tax […]
Read MorePETALING JAYA: The ringgit may test the psychological level of 4.00 against the US dollar next week amid anticipation that Bank Negara would maintain the overnight policy rate at 1.75% at its meeting on Wednesday. FXTM market analyst Han Tan said Malaysia’s health-related and economic response amid the ongoing movement control order (MCO 2.0), along […]
Read MoreMANILA, Philippines — The Department of Trade and Industry (DTI) said the worst is over for the Philippines and the economy is seeing signs of recovery with improvements in different economic indicators as preparations for the COVID-19 vaccine rollout are underway. “We are still facing risk, but I would also say that the worst is over. […]
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Thailand
