KUALA LUMPUR: After an eventful 2020 which pushes the global economy towards recession, including Malaysia, the after-effects are expected to be shallow this year as the economy makes a come back. Maybank Investment Bank Bhd (Maybank IB) chief economist Suhaimi Ilias said that Malaysia was expected to record a gross domestic product (GDP) growth of […]
Read MoreMANILA, Philippines (UPDATE 12:25 p.m., Jan. 5) — Consumer prices accelerated for the third straight month in December, stoking worries that a projected recovery from the pandemic this year would be hampered by rising prices which nonetheless ended 2020 at a manageable level. Inflation, as measured by consumer price index, hit 3.5% year-on-year last month, the fastest in […]
Read MoreSINGAPORE’S electricity demand is expected to have declined by 2 to 4 per cent in 2020 during the Covid-19 pandemic, Second Minister for Trade and Industry Tan See Leng said in Parliament on Tuesday. However, electricity demand is expected to rebound as the economy recovers and grows and is driven by new users such as […]
Read MoreThe Hanoitimes – Vietnam’s effective containment of Covid-19 is seen as a major factor to boost retail sales during final months of the year. Total retail sales of consumer goods and services in Vietnam reached an estimated VND5,059.8 trillion (US$219.53 billion) in 2020, up 2.6% against last year, according to the General Statistics Office (GSO). “Such […]
Read MoreIn the third quarter (Q3) of 2020, Brunei Darussalam’s gross domestic product (GDP) at current prices was estimated at BND4 billion compared to BND4.2 billion in Q3 2019. The oil and gas sector, comprising oil and gas mining and manufacture of liquefied natural gas (LNG), was valued at BND1.8 billion which accounted for 45.4 per […]
Read MoreAccording to the inflation report released by the Central Statistical Organization under the Ministry of Planning, Finance and Industry, the annual rate of inflation in Myanmar, based on the Consumer Price Index, continued dropping to 4.6 per cent in November 2020 as consumer price fell amid the COVID-19 impacts. The US dollar against Kyat is […]
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Thailand
