PETALING JAYA: Economists have projected Malaysia’s gross domestic product (GDP) to grow around 4% in 2021 following the announcement of the National Recovery Plan (NRP). United Overseas Bank (M) Bhd (UOB Malaysia) senior economist Julia Goh (pic below) and economist Loke Siew Ting said the estimated period under the planned phases was in line with […]
Read MoreThe Covid-19 pandemic is fostering cashless payment, making it more popular in Vietnam. Instead of having to get up early in the morning every day to go to a nearby market, Nguyen Thu Hang from Hai Ba Trung District, Hanoi, can stay in bed a bit longer while still being able to buy stuff online […]
Read MoreMANILA, Philippines — The International Monetary Fund (IMF) now expects a slower economic recovery for the Philippines this year as it slashed its gross domestic product (GDP) growth forecast to 5.4 percent amid delays in vaccinations and the resurgence of COVID-19 cases. IMF mission chief Thomas Helbling said in a virtual press briefing that the […]
Read MoreEight business sectors, including hospitality services, retail, garment, car manufacturing, agriculture, logistics, aviation, and IT are facing an unprecedented crisis. Up to 90% of tourism companies were forced to suspend operations, making the aviation industry facing financial challenges with the national flag carrier Vietnam Airlines at risk of bankruptcy. The Ministry of Planning and Investment […]
Read MoreASEAN ACCESS, an online portal that has spent almost two years in development and hopes to connect millions of small and medium-sized businesses across the region to international markets, launched on Wednesday at a virtual ceremony attended by ASEAN and regional business leaders. The website will serve as a matchmaking platform for small and medium-sized […]
Read MoreThe “tsunami” of hotels shutting down during this surge is having the biggest impact on workers, especially those working in low-level positions. As the Covid-19 pandemic continues to develop complicatedly across the country and severely affect the hotel industry, even hotels that persevered for over a year with hardly any guests have eventually resigned to […]
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Thailand
