KUALA LUMPUR: Malaysia’s services sector revenue recorded significant growth of 20.5% to RM404.5bil for the second quarter (Q2) compared with the same quarter in the previous year, according to the Statistics Department. However, this is mainly due to the low base effect. E-commerce income, meanwhile, rose 23.3% year-on-year during the three-month period to RM267.6bil as […]
Read MoreCambodia received 102,560 international visitors during the first six months of 2021, a decrease of 91.3 percent from 1.18 million over the same period last year, said a tourism ministry’s report released on Wednesday. Thailand, China and Vietnam were the largest sources of foreign travelers to the kingdom during the January-June period this year, the […]
Read MoreThe total amount of fiscal supports in the forms of waiving and reducing taxes, fees, or land rental fees from 2020 to date has reached a total of VND118 trillion ($5.18 billion). The Ministry of Finance (MoF) and the State Bank of Vietnam (SBV) are taking steps to ensure more supports to be provided for […]
Read MoreMANILA, Philippines — Global financial institutions were not impressed by the strong rebound in the country’s economic output in the second quarter, noting that downside risks persist that could hinder a further recovery. American banking giant Citi and Fitch Solutions Country Risk & Industry Research said in separate reports that the Philippines is not out […]
Read MoreThe Internal Trade Department is warning vendors who hoard and sell eggs at unreasonable retail prices they will face punishment of both jail and fines. Wattanasak Sur-iam, director-general of the department, said demand for eggs has significantly increased during the pandemic as more people stay at home for work. In addition, charity groups are buying […]
Read MoreCambodia’s exports to the US rose 37.26 percent measured Jan-July. Shipments adding up to more than $3.8 billion were made up mainly of clothing, footwear and travel products. Exports far outstripped imports by value. Cambodia bought just over $209 million worth of goods from the US, mainly vehicles, animal feed, and machinery. Still, that was […]
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