PETALING JAYA: Initial public offerings (IPOs) in Asia-Pacific markets remained stronger in 2020, with industrial leading the sectors followed by technology and materials, while among the Asean countries, Malaysia was the second-most active, according to EY. It said in a statement that despite a challenging 2020, activity in Asia-Pacific surpassed that of 2019, increasing 20% […]
Read MoreGlobal bond markets may plunge into a financial crisis if private bad debt and public debt mount, while global stock markets could fall sharply if the Federal Reserve (Fed) pulls back on its quantitative easing (QE) after the central bank signalled a tapering in its latest statement. Investing in Thai real estate investment trust (REITs) […]
Read MoreThailand is estimated to forego about 50 million baht a day from inconvenient transportation of goods and strict security checks by Myanmar’s military administration. According to Aat Pisanwanich, director of the Center for International Trade Studies at the University of the Thai Chamber of Commerce, the impact would be protracted to more than 1.5-2 billion […]
Read More“The Vietnamese manufacturing sector struggled to gain momentum at the start of 2021, as the ongoing effects of the Covid-19 pandemic and substantial disruption to supply chains hampered operations,” said Andrew Harker, associate director at IHS Markit, which compiles the survey. “The data suggest that while the Vietnamese economy remains one of the better performers […]
Read MoreThe Federation of Thai Industries (FTI) believes Thailand still has a chance to see 2.5-2.6% economic growth this year if the ongoing outbreak ends within March. The country may see lower figures if the government, which began relaxing measures against the the outbreak on Monday, fails to contain the spread, which is causing several hundreds […]
Read MoreKUALA LUMPUR: The recovery in the Malaysian manufacturing sector moderated in January due to rising Covid-19 case numbers and stricter restrictions to try and curb the further spread of the virus, according to IHS Markit’s survey. In its Malaysia Manufacturing PMI statement issued yesterday, the headline MPI – a composite single-figure indicator of manufacturing performance […]
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