Exports should continue to maintain their growth momentum in August, albeit at a slower pace than the previous month, when they surged by 20.2% year-on-year from July of last year. Commerce Minister Jurin Laksanawisit said in a speech at a seminar yesterday the country’s export sector was expected to keep growing in August, but at […]
Read MoreKUALA LUMPUR, Sept 23 — The government will continue to negotiate with Singapore on the gradual reopening of the border which will depend on current health conditions, said Foreign Minister Datuk Saifuddin Abdullah. He said this included talks on the proposed daily cross-border movement known as the Daily Commuting Arrangement (DCA). Presently he said, Malaysia […]
Read MoreCambodia’s economy is forecast to experience a rebound of 5.5 percent in 2022 despite a modest reduced 1.9 percent growth is forecasted this year amid the prolonged coronavirus pandemic, according to the Asian Development Bank (ADB). “The protracted pandemic has hurt services and domestic demand,” said ADB Country Director for Cambodia Ms. Sunniya Durrani-Jamal. “Lockdowns […]
Read MoreDelivery service companies will have to test their staff with rapid antigen tests provided by the health sector, and update the testing results into HCM City’s shared database beginning Friday (Sept 24). The city’s Department of Health will provide tests to each company based on the number of shippers registered with the city Department of Industry and Trade. Pooled samples from […]
Read MoreMANILA, Philippines — The non-performing loan (NPL) ratio of Philippine banks may peak at 8.2 percent next year, the Bangko Sentral ng Pilipinas (BSP) said. In his weekly online press conference, BSP Governor Benjamin Diokno said the NPL ratio of the banking sector may double next year, but may remain at single-digit levels compared to […]
Read MoreThe Asian Development Bank (ADB) projected Brunei’s economic growth at 3.5 per cent next year compared to three per cent predicted earlier. The Asian Development Outlook (ADO) 2021 published yesterday also stated that Brunei’s economic growth is trimmed to 1.8 per cent in the latest ADB update of its flagship economic publication, down from their earlier forecast […]
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Thailand
