KUALA LUMPUR (BERNAMA) – The Malaysian Government will focus on achieving two main objectives in an effort to revive the country’s economy, including restoring the well-being of the people in line with efforts to increase consumer purchasing power. Malaysian Prime Minister Ismail Sabri Yaakob said to reduce the long-term economic impact of COVID-19, the government […]
Read MoreExports rose more than expected in July but Thailand’s biggest coronavirus outbreak to date and movement restrictions are likely to impact shipments in August and September, , Commerce Minister Jurin Laksanawisit said on Monday. That compares with a forecast for a rise of 19.7% in July in a Reuters poll and after a rise of […]
Read MoreThe Council for the Development of Cambodia (CDC) has approved a new garment factory in Kandal province. Auspicious Bag and Shoes Accessories Co Ltd is investing $2.4 million in the project at Kraing Makak in Ang Snuol district. The CDC says it is likely to create 380 jobs for locals. In recent months the CDC […]
Read MoreThough COVID-19 has brought challenges to the coffee industry, businesses can nevertheless seek to adapt by exploring innovative and value-added ideas for Vietnamese coffee. Coffee experts gathered at the RMIT University’s International Business Forum 2021 last week to share how to promote the local commodity to the world. According to the experts, Vietnam has consistently ranked among the world’s largest coffee […]
Read MoreMANILA, Philippines — The economy will return to pre-pandemic activity only in 2025 at the earliest, unless the remaining tax reforms are legislated and lockdowns are lifted, the Department of Finance said. Finance Undersecretary and chief economist Gil Beltran told reporters the Philippines may regain its 2019 numbers only in about four years, depending on […]
Read MoreThe baht opened at 33.30 to the US dollar on Monday, strengthening from last week’s closing rate of 33.36. The Thai currency is likely to move between 33.25 and 33.40 during the day and between 33.00 and 33.50 this week, Krungthai Bank market strategist Poon Panichpibool said. Poon predicted the baht would move sideways as […]
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