The government’s bubble and seal measure for one month to control Covid-19 infections among workers is likely to affect economic activities, says an executive at the Bank of Thailand (BoT). The central bank has been monitoring the economic situation after the government announced stricter bubble and seal measures on Monday to control new infectiion cases. […]
Read MoreFirms remained optimistic overall that output will increase over the coming year. The Vietnam Manufacturing Purchasing Managers’ Index (PMI) dropped sharply to 44.1 in June from 53.1 in May, the sharpest deterioration in business conditions for over a year, which ended a six-month period of growth, according to Nikkei and HIS Markit. A reading below […]
Read MoreKUALA LUMPUR: The Statistics Department launched the economic monitoring system on Thursday which presents in a dashboard-style of graphical display of the current economic situation based on selected key indicators. The department said on Thursday the dashboard contains eight key economic indicators, which are gross domestic product (GDP), employment, commodities, prices, manufacturing, services, international trade […]
Read MoreThe Phuket sandbox experienced regulatory chaos in the days leading up to its reopening on Thursday after an endorsement of the plan was published in the Royal Gazette published on Tuesday night. Tourism operators have said that the scheme is not inclusive for all stakeholders, particularly small operators. The long-awaited official announcement on Tuesday night […]
Read MoreMANILA, Philippines — The country’s mining industry maintained its contribution to gross domestic product (GDP) of 0.5 percent in the first quarter despite a decline in value, data from the Mines and Geosciences Bureau (MGB) showed. Based on the latest figures from the MGB, the gross value added in mining amounted to P22.5 billion during […]
Read MoreSINGAPORE: Southeast Asian ride-hailing-to-fintech group Grab and budget airline AirAsia were among more than a dozen bidders involving over 50 companies that are vying for digital banking licences in Malaysia, people familiar with the matter said. Others who submitted bids by Wednesday’s deadline included telecoms operator Axiata and a consortium backed by Chinese tech firm Tencent, said […]
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