KUALA LUMPUR, Sept 24 ― The August consumer price index for Malaysia continued to deflate contracting by 0.2 per cent compared to July in a sign that the economy has yet to recover from the effects of the coronavirus pandemic. Last month’s CPI was up by 2 per cent year-on-year but remained on a downward […]
Read MoreThe Asian Development Bank says Cambodia’s economy will recover strongly next year. It said gross domestic product will expand by 5.5 percent compared with 2021, unchanged from its April survey. The bank says one of the main reasons for the recovery from last year’s 3.1 percent contraction and this year’s ADB forecast of 1.9 percent […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) yesterday kept its benchmark rate at an all-time low of two percent for a seventh straight meeting to allow the momentum of economic recovery to gain more traction by helping boost domestic demand and market confidence. In a virtual press briefing, BSP Governor Benjamin Diokno said […]
Read MoreTHE government is extending the Jobs Growth Incentive (JGI) to March 2022 to support employers that are expanding their local workforce, the Ministry of Manpower (MOM) said on Friday. “We expect the road ahead to continue to be uneven, so to secure the recovery and support our local jobseekers, we will extend the scheme by […]
Read MoreDespite the economic slowdown, digital media spending is expected to surge 11% this year to 23.3 billion baht, with e-commerce platforms at the forefront of the outlay, according to GroupM, a media investment firm. “Although the pandemic caused budget constraints, brands continue to spend on digital media to boost their sales opportunities,” Siwat Chawareewong, chief […]
Read MoreThe Indonesian Ambassador to Cambodia yesterday said he expects that Cambodia would become a strong market for Indonesian batik, a method of dying patterned cloth unique to Indonesia. The Indonesian Embassy to Cambodia yesterday held a webinar on “Batik as a Creative Industry Product: Batik in the Hands of the Next Generation” with the Cambodian […]
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Thailand
