KUALA LUMPUR: Malaysia recorded an increase in the unemployment rate in June this year due to the impact of the tighter restrictions to curb the spread of the Covid-19 pandemic. The latest data by the Statistics Department showed June unemployment rose by 4.8% to 768,700 from 4.5% in May after four consecutive months of decreases. […]
Read MoreMembers of the National Assembly have asked the Lao government to begin collecting taxes from those selling products and services online. According to a report by Lao National Radio, members of the National Assembly raised the issue of online commerce, requesting the government to collect taxes from online vendors. National Assembly Member of Khammouan Province, Mr. Bounmy […]
Read MoreMobile money services will be promoted in Vietnam, with priority given to regions where the prevalence of banking services is still low. Vietnam strives to gain 80% of its population having an e-payment account and attain the rate of e-commerce payments of 50% by 2025. These are the targets set out in the Prime Minister’s Draft […]
Read MoreSales have risen at the Kingdom’s biggest supermarket chain, DFL Lucky Supermarkets, as the 14-day curfew has encouraged shoppers to stock up on essentials. Shoppers in Phnom Penh have been told to stay home since Friday, July 30. The curfew is scheduled to end next Thursday. Other cities have imposed their own restrictions to stop […]
Read MoreMANILA, Philippines — The government ramped up its borrowings in the first semester to nearly P2 trillion in an effort to speed up the economy’s recovery from the impact of the pandemic. According to the Bureau of the Treasury, the borrowings increased by more than 12 percent to P1.93 trillion in the first half, from […]
Read MoreKUALA LUMPUR: Malaysia’s industrial production index (IPI) increased by 1.4% in June this year,, as higher mining output offset the declines in electricity and manufacturing and exceeding the forecasts by Bloomberg and Reuters. The improvement in the June IPI bucked a Bloomberg survey of a 1.5% contraction while Reuters’ survey of 10 economists expected the […]
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Thailand
