PETALING JAYA: The government’s latest stimulus package of RM20bil, dubbed the People and Economic Strategic Empowerment Programme (Pemerkasa), is expected to accelerate the recovery across several key economic sectors that have been affected following the second round of the movement control order (MCO) that began in January. Experts welcomed the targeted stimulus package, pointing out […]
Read MorePattaya is being touted by the government as likely to increase investment confidence in the Eastern Economic Corridor (EEC), with the city selected to host a Greater Mekong Subregion (GMS) logistics forum that can showcase Thailand as a hub of modern logistics in Asean. Organiser Thailand Convention and Exhibition Bureau (TCEB) said the geographical location […]
Read MoreThai manufacturers’ outlook picked up for the first time in three months in February after restrictions to contain a recent coronavirus outbreak were eased, the Federation of Thai Industries said on Thursday. The FTI’s Thai industries sentiment index rose to 85.1 last month after hitting a six-month low of 83.5 in January, it said. “The […]
Read More[SINGAPORE] By end-March, S$940 million in Wage Credit Scheme (WCS) payouts will be disbursed to more than 98,000 employers here, bringing the total amount in wage credits paid out during the pandemic to over S$2 billion. In a Facebook post on Thursday, Deputy Prime Minister and Finance Minister Heng Swee Keat wrote that uplifting workers […]
Read MoreThe pandemic has increased pressure on building operators, resulting in an all-time high in demand for property management, US-based commercial real estate and service and investment firm CBRE – the largest in the world – said yesterday. CBRE said that while the pandemic has slowed the start of construction projects, those in the pipeline present […]
Read MoreKUALA LUMPUR: The International Monetary Fund (IMF) sees the Malaysian economy growing by 6.5% this year, underpinned by the manufacturing and construction sectors but overall recovery is expected to be uneven across sectors. In its report issued on Wednesday, it said the recovery would hinge on an improvement in both domestic and external demand. IMF […]
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