On normal weekend especially one before Raya celebration, down town Bukit Bintang at heart of Kuala Lumpur is suppose to be buzzing with shoppers but due to covid 19 it is relatively quiet... SAM THAM/The Star

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Malaysia: Domestic labour market likely to strengthen further

PETALING JAYA: The labour market is expected to strengthen further in 2023 underpinned by continuous upbeat momentum in the domestic economy and modest expansion in the external sector, says MIDF Research. According to the research house, the country’s unemployment rate is expected to decline further to 3.5% but slightly higher than the pre-pandemic level of […]

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Brunei economy projected to grow, says report

Brunei’s economy is projected to be 2.5 per cent this year and 2.8 per cent next year, according to the Asian Development Outlook (ADO) April 2023 released recently while inflation stood at two per cent and 1.6 per cent this year and 2024 respectively. The International Monetary Fund (IMF) in its recent annual World Economic […]

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Big C Hypermarket to Open in Laos Next Year

Big C, a Bangkok-based grocery and general merchandising retailer, has commenced construction of its first hypermarket in Laos, with plans to open its doors next year. Thailand’s second-largest hypermarket operator has operations in four countries, namely Thailand, Vietnam, Cambodia, and Laos. The new hypermarket which will open in Laos is part of the company’s expansion […]

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Thai central banker signals more hikes to win inflation fight

BANK of Thailand (BOT) governor Sethaput Suthiwartnarueput signalled that the central bank will stick to its gradual and measured monetary tightening to curb inflation, although price gains have returned to target. “I think we’re not done on the inflation front yet,” Sethaput said in an interview with Bloomberg Television’s Haslinda Amin in Bangkok on Monday […]

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