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Malaysia’s wholesale, retail trade recorded double-digit decline in July 2021 — DOSM

KUALA LUMPUR (Sept 10): Malaysia’s wholesale and retail trade recorded a double-digit decline for two consecutive months with -14.7% to RM92.7 billion in July 2021, as Malaysia went into lockdown amid worsening Covid-19 cases, the Department of Statistics Malaysia (DOSM) said. Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said the motor vehicles sub-sector suffered […]

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Philippines: Foreign investments rebound in Q2

MANILA, Philippines — Foreign investments in the country improved in the second quarter as the economy gradually reopened, but remain far behind local funders in the overall tally. Latest data from the Philippine Statistics Authority (PSA) showed foreign firms have slowly returned and are putting back much-needed capital to revive the economy. Approved foreign investments […]

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Thailand: SET ready for action on odd price movement

The Stock Exchange of Thailand (SET) is preparing to issue additional measures to regulate large-cap stocks that have prices making unusual movements without any changes to the companies’ fundamentals. The SET rushed to take action after the share price of Delta Electronics (DELTA) rose more than 30% over the past couple of weeks without any […]

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Malaysia PM Ismail Sabri proposes ASEAN-China travel bubble

KUALA LUMPUR: Malaysia Prime Minister Ismail Sabri Yaakob proposed that the Association of Southeast Asian Nations (ASEAN) and China could consider a cross-border travel bubble, adding that it would be “vital for recovery” from the COVID-19 pandemic. In a recorded video message during the 18th China-ASEAN Expo (CAEXPO) on Friday (Sep 10), he said both sides could […]

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