KUALA LUMPUR: While economists are positive on the impact of the easing of China’s zero-Covid restrictions on the Malaysian economy, fund managers believe investor sentiment on the Bursa Malaysia will be driven by domestic factors and relative valuations. According to Sunway University economics professor Dr Yeah Kim Leng, China and Hong Kong combined absorbed 19.7% […]
Read MoreThe management of the Golden Triangle Special Economic Zone in Bokeo province is engaged in sweeping infrastructure development, with a focus on hotels, an airport, a waterside market, residential areas, and entertainment facilities. These developments will see the zone become a glamorous and modern tourist destination. One of the bigger developments is the luxurious Kapok […]
Read MoreHO CHI MINH CITY: The consumption habits of Vietnamese people are changing after the Covid-19 pandemic, with many using second-hand products to save money and promote sustainability. In fact, this habit has been developed among Vietnamese people for many years, with many markets selling second-hand products in big cities such as Hanoi, Hai Phong and […]
Read MoreTEMPO.CO, Jakarta – Bank Indonesia Governor Perry Warjiyo, in a virtual presentation on the central bank’s transparency and accountability report, said Indonesia managed to positively survive the coronavirus pandemic over the past three years. He even claims domestic economic growth is estimated to be in the range of 4.5 percent to 5.3 percent. “It can be between 5.1 to […]
Read MoreA PERSONAL income tax hike for Singapore’s top earners did not cause them to spend less overall, while accompanying redistribution programmes did boost consumption by lower-income groups, a new study has found. The paper, by researchers from the National University of Singapore (NUS), looked at the impact of a personal income tax hike for the […]
Read MoreCHINA’S easing of its “zero-Covid” policy raises prospects for tourism recovery in Asia-Pacific (Apac) economies such as Thailand, for which China was a key source market pre-pandemic, according to Fitch Ratings. “The effects on Thailand may be particularly important, as several of its credit metrics, including fiscal ones, have deteriorated as a result of weak […]
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