Getting ready for their Raya, many shoppers who traditionally shopped at Raya markets have begun to shop at Kenanga Wholesale City and alternative means of shopping.
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Malaysia’s wholesale, retail trade sales rise 3.9% in Q1

KUALA LUMPUR: Malaysia’s wholesale and retail trade sales registered a growth of 3.9 per cent year-on-year (yoy) in the first quarter of 2022 (Q1 2022), said the Department of Statistics Malaysia (DOSM). Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said the increase was attributed to the motor vehicles sub-sector which rose 8.8 per cent, […]

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Singapore life insurance sales slide 2% to S$1.21b in Q1

SINGAPORE’s life insurance industry saw a 2 per cent dip in weighted new business premiums to S$1.21 billion in the first quarter of 2022, from S$1.23 billion in the year-ago period. This came as sales of annual-premium products dropped 20 per cent to S$555.1 million, from S$692.8 million in the year-ago period, according to data […]

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Vietnam ranks second in Asia for pork consumption

Vietnam is likely to rank second in Asia this year in terms of pork consumption, according to the Organization for Economic Co-operation and Development (OECD). The reopening of restaurants, schools and factories in localities following a long suspension due to the Covid-19 pandemic has boosted demand. This has been further fuelled by the recovery of […]

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Myanmar to resume issuing tourist e-visas starting on Sunday

YANGON (XINHUA) – Myanmar will resume accepting tourist e-visa applications starting on Sunday (May 15), more than two years after the country suspended all new e-visa applications due to the Covid-19 pandemic. “Our Online e-Visa service will resume with effect from May 15, 2022, for tourist visa applications,” the Immigration and Population Ministry said on […]

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Goldman predicts Thai interest rate hike in Sept

Hawkish expectations in Asia’s emerging markets are piling up as traders become increasingly convinced that central banks in the region cannot ignore the threat of domestic inflation any longer. Goldman Sachs Group Inc is one of the latest banks to now see an “imminent” lift-off in rates in several Asian markets, including Thailand. The region’s […]

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