KUALA LUMPUR (Feb 11): Bank Negara Malaysia (BNM) governer Tan Sri Nor Shamsiah Mohd Yunus said on Friday (Feb 11) that the nation is “nowhere near” the risk of very-high inflation — because upward consumer price pressure had mainly been due to Covid-19-pandemic-driven supply-chain disruptions — as demand recovers in tandem with improving economic conditions […]
Read MoreSYDNEY: International bookings for flights to Southeast Asian countries that are relaxing tight pandemic-related border controls rose sharply in January, data from online travel company Skyscanner shows, in a positive sign for the region’s hard-hit airlines. International passenger travel in the Asia-Pacific region was down 93% from pre-pandemic levels last year, leaving airlines heavily reliant […]
Read MoreThree critical trends will propel Cambodia’s economy, says Sim Vireak, a strategic adviser to the Phnom Penh-based Asian Vision Institute (AVI). The first thing to watch, according to him, is how well the nation can tap the benefits from the success of the inoculation drive. Despite strong efforts to reopen the country and economy, tourists […]
Read MoreBefore the Lunar New Year, many fruits and agricultural products exported to China were stuck at the border gates, with thousands of containers, and traders neglected to purchase them. However, just after the end of the Lunar New Year, fruit prices skyrocketed, benefiting businesses, which had had cold storage warehouses to store goods before. Suffering […]
Read MoreSuphan Mongkolsuthi, chairman of the Federation of Thai Industries (FTI), expressed concern about the case that transport operators will start to increase delivery costs by 15-20 per cent, seeing that it will affect overall cost production for sure since it shared approximately 10 per cent of the product cost. As long as there is a […]
Read MoreKUALA LUMPUR, Feb 11 — The ringgit opened lower against the US dollar today as negative sentiment clouded demand for the local currency, an analyst said. At 9am, the local currency stood at 4.1870/1900 versus the greenback from Thursday’s close of 4.1825/1840. Bank Islam Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said the ringgit traded easier in the early session due […]
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Thailand
