SINGAPORE – Governments across Asia have pledged ambitious carbon neutrality plans backed by massive stimulus to push for green and sustainable industries. And for good reason, as the stakes are high. Asia has 15 of the world’s 20 most vulnerable cities and crop yields could fall by 7 per cent to 25 per cent over […]
Read MoreAs lockdowns strain businesses trying to operate under restrictions and fears of food insecurity loom, the Cambodia Logistics Association (CLA) is appealing for government intervention to help alleviate the strain on enterprises trying to get their goods to the marketplace. In a statement released on Tuesday evening and reviewed by Khmer Times, the CLA said that […]
Read MoreKUALA LUMPUR: The uneven Malaysia’s labour force situation in 2020 was profoundly caused by the health crisis and economic consequences, leading the unemployment rate to reach 4.5 per cent compared to 3.3 per cent in 2019, said the Department of Statistics Malaysia (DOSM). Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said throughout 2020, the […]
Read More[SINGAPORE] Singapore and Hong Kong called off an announcement planned for Thursday on an air travel bubble between Asia’s two major financial hubs, according to people familiar with the matter, the second time in five months the highly anticipated arrangement appears to have run into obstacles. No reason was immediately provided on why the announcement […]
Read MoreThe Thai economy is expected to grow 2.6% this year as the third wave of Covid is unlikely to affect the Stock Exchange of Thailand (SET) Index as much as the previous waves, says Asia Plus Securities (ASPS). Investors are recommended to increase investments in the electric vehicle (EV) and clean energy industry which has […]
Read MoreAs curfews laid way to lockdowns last week and parts of the capital were designated “red zones” on Monday, the international community is beginning to reassess Cambodia’s economic outlook for 2021. The Economist Intelligence Unit (EIU), a division of well-respected UK weekly publication, The Economist, will probably downgrade Cambodia’s real gross domestic product (GDP) growth forecast […]
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