SINGAPORE’S services industries saw business receipts rise 15.4 per cent year on year for the fourth quarter, according to the Department of Statistics (Singstat) on Friday (Feb 25). Q4’s business receipts were even higher than in the fourth quarter of 2019, before the Covid-19 pandemic, Singstat’s data showed. On a quarter-on-quarter, non-seasonally adjusted basis, business […]
Read MoreSwedish clothing retail company Hennes and Mauritz (H&M) will soon open a store in AEON Mall 1, the first H&M store in the country. This is according to a press release from the retail giant. The store will be launched on March 18. The opening of the store was also announced on the official website […]
Read MoreMANILA, Philippines — The government should start raising funds for its social protection measures and reopen the economy to full capacity to prepare for the worst spillover effects from rising tensions in Ukraine, experts said yesterday. Economists interviewed by The STAR said the government could no longer afford to widen its budget deficit by distributing […]
Read MoreKUALA LUMPUR: The ringgit recovered against the US dollar at the opening today, as higher commodity prices may have averted further declines, although heightened global geopolitical tensions continued to weigh on investor sentiment and support the US dollar. At 9 am, the local currency rose to 4.1975/2005 versus the greenback from Thursday’s close of 4.2030/2080. […]
Read MoreThe tourism sector is expected to provide services for 65 million holidaymakers, including approximately 5 million foreign visitors, in 2022, said Doan Van Viet, Deputy Minister of Culture, Sports and Tourism. The sector aims to earn VND400 trillion from tourism services this year, Viet told a press briefing on February 23 to announce the National […]
Read MoreFinance Minister Arkhom Termpittayapaisith has projected Thailand’s public debt will rise to 62% of GDP in fiscal 2022 from 59.6% as of December 2021. He said whether the government can maintain the debt level at 62% depends on if the country posts economic growth of 4% this year. The National Economic and Social Development Council […]
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