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IMF maintains Malaysia’s GDP growth at 6.5% this year

KUALA LUMPUR: The International Monetary Fund (IMF) maintains its forecast on Malaysia’s gross domestic product (GDP) growth this year at 6.5 per cent, according to its latest World Economic Outlook (WEO) report published today. Themed “Managing Divergent Recoveries”, the report also stated that the country’s economy is expected to grow at 6.0 per cent in […]

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Philippines: Inflation eases to 4.5% in March

MANILA, Philippines — Inflation unexpectedly eased in March, halting five straight months on the upswing, as prices of most food items – except meat – slowed down, but pressure remains as the rate is still above the government’s target band for the year. Headline inflation the rate of increase in the consumer price index went […]

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Made-in-Vietnam textile products to be sold on Amazon

If sales through Amazon online stores worldwide are successful, Vietnamese products will have brand positioning in markets worldwide. Vietnamese textile and garment firms will get opportunity to promote their brands on Amazon Global Selling. The brand development is under a cooperation made by the Vietnam Textile & Apparel Association (Vitas) and Amazon recently. The two […]

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Thailand: Restaurants, entertainment venues under close watch

The Bangkok Metropolitan Administration (BMA) is ensuring that entertainment venues and restaurants in the province are strictly following regulations on opening and closing hours to curb Covid-19 from spreading further after a new cluster of cases was found relating to entertainment venues earlier this week. Bangkok Governor Aswin Kwanmuang announced on Monday the closure of […]

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Singapore ratifies ASEAN Trade in Services Agreement

Singapore has ratified the ASEAN Trade in Services Agreement (ATISA) and become the first ASEAN member to do so. ATISA was signed on Oct 7 last year to boost economic cooperation between ASEAN members and streamline their service sectors. One of the key components to ratification is the need for members to change their Schedules […]

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Sony Pictures to set up amusement park in Thailand

Sony Pictures Entertainment has teamed up with Thailand’s Amazon Falls to set up an amusement park based on productions from its Columbia Pictures studio, in the Southeast Asian country, the companies said on Tuesday. The 14-acre Columbia Pictures’ theme and water park, Aquaverse, will be open for public from October and feature rides and attractions […]

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