SINGAPORE – Even as the Covid-19 pandemic ravages the economy, the number of people who were made bankrupt last year sank to the lowest in five years. Bankruptcy orders tumbled more than 40 percent to 965 from 1,645 in 2019. Figures from the Law Ministry’s Insolvency Office website showed more than 1,600 bankruptcy orders were made annually […]
Read MoreKUALA LUMPUR: The manic ride in GameStop Corp sparked by American amateur traders on Reddit has inspired some Malaysians to form a similar group targeting shares of glove makers — one of Asia’s hottest pandemic trades in 2020. The online community by the name of Bursabets was created on Thursday and already boasted more than 9,400 members […]
Read MoreMANILA, Philippines — The Organization for Economic Cooperation and Development (OECD) is recommending reforms, which include the delineation of regulatory and operational functions of the Philippine Ports Authority (PPA), amendment of the Public Service Act, and ensuring adequate compensation to the Philippine Postal Corp. (PHLPost) to improve the competitiveness of the logistics sector. In its […]
Read MoreMyanmar Investment Commission on its 1/2021 meeting approved 14 new investment proposals worth $295.279 million, estimated to create 4,371 jobs for local people. The investments including four investment expansions from existing ones are made in the solar power sector, livestock breeding sector, housing development sector, and service sector. The approved investments include four 40-megawatt solar […]
Read MoreXinhua – Malaysia’s trade with China registered positive growth in 2020 with record high exports as China continued to be Malaysia’s largest trading partner for the 12th consecutive year, said the Malaysian Ministry of International Trade and Industry. In announcing Malaysia’s trade performance in 2020, the ministry said China, which has remained as Malaysia’s largest export […]
Read MoreAs several countries have jump-started inoculation against Covid-19, hopes of re-energising the bruised travel industry are growing in tandem with millions of doses produced by pharmaceutical companies for global distribution. Questions abound about whether the much-needed vaccines are really a game-changer for international tourism. The future might be too opaque to forecast, particularly regarding the […]
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Thailand
