The economy unexpectedly grew in the second quarter from the first, helped by exports and government spending, even though fresh coronavirus outbreaks battered consumption and tourism. The government again cut its 2021 economic growth forecast to 0.7-1.2% from 1.5-2.5% as the outbreak and lockdown measures crimped domestic activity amid the country’s slow vaccination rollout. The […]
Read MoreJAKARTA: COVID-19 has taught Indonesia how to find a balance between health and economic interests, said President Joko Widodo on Monday (Aug 16) as he addressed perceptions that government policies may not have been consistent when it comes to tackling the pandemic. Speaking at the annual State of the Nation Address ahead of the country’s […]
Read MoreThe Lao government has spent over LAK 15.82 billion on food, transportation, and other necessities for Lao migrant workers returning from Thailand. Minister of Labour and Social Welfare, Ms. Baykham Khattiya, said during the first extraordinary session of the ninth legislature last week that the Lao government has spent more than LAK 15.82 billion on assisting Lao […]
Read MoreREAL estate developers in Singapore moved 1,589 private homes in July this year, an 82.2 per cent surge from the 872 units sold in the previous month. These figures – which exclude executive condominium (EC) units – were released by the Urban Redevelopment Authority (URA) on Monday, based on its survey of licensed housing developers. […]
Read MoreThe State Bank of Vietnam and the Government must offer stronger solutions to resolve the current problems pertaining to debt structuring, interest rate reduction, and support to businesses facing crisis. Despite extensive discussions on various policies, stabilising of production, smooth flow of the supply chain, and containing and controlling the pandemic, these above issues still […]
Read MoreSINGAPORE (REUTERS) – The Malaysian ringgit fell to a one-year low on Monday (Aug 16) and stocks in Kuala Lumpur slipped as an expectation that the Prime Minister will resign turned investors cautious. Malaysian Prime Minister Muhyiddin Yassin is expected to step down on Monday, media reports say, after losing his majority in Parliament. The ringgit last […]
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Thailand
