INFLATION in Singapore is expected to remain unchanged for the year, with more Singaporeans believing Covid-19 will have a significant impact on inflation rates, according to the latest quarterly survey results of the Singapore Index of Inflation Expectations (SInDEx). The survey, published jointly by DBS and the Singapore Management University (SMU), is derived from an […]
Read MoreKUALA LUMPUR: Fitch Ratings has affirmed Malaysia’s long-term foreign currency issuer default rating (IDR) at “BBB+” with a stable outlook. In a note released today, Fitch said Malaysia’s economy is gradually recovering from a contraction of 5.6 per cent in 2020 caused by the COVID-19 pandemic even though social distancing measures have been tightened over […]
Read MoreMANILA, Philippines — The peso can survive the havoc on currencies brought about by the monetary impact of the pandemic, due to the country’s strong fundamentals, a top finance official said. Finance Undersecretary and chief economist Gil Beltran said much work, however, needs to be done to make sure investors sustain their interest in the […]
Read MoreCambodia exported $8.201 billion in the first six months of 2021, a 17 percent increase compared to the same period last year, according to a report from the Ministry of Economy and Finance. Figures from the ministry’s Department Directorate of Customs and Excises showed that the exports of garment products; cloth, footwear and travel goods, […]
Read MoreThe Treasury Department might consider lowering its land and building rental fee to 25% of its normal rate on a case-by-case basis, with the aim of easing the burden on tenants given the prolonged pandemic, says Yuttana Yimgarund, the department’s director-general. He said many tenants have been suffering from declining revenue since early last year […]
Read MoreVegetables and eggs are in short supply in HCM City due to disruptions in supply chains caused by COVID-19. The city needs support from provinces in the eastern and Central Highlands regions to mitigate this, the city’s Department of Industry and Trade (DoIT) has advised. Nguyen Nguyen Phuong, the department’s deputy director, said the rising […]
Read More
Thailand
