KEY FACTS Malaysia’s total trade, since August 2021, has maintained its upward trend with total trade expanding by 26.5 per cent, reaching RM202.6 billion in October 2021 as compared to RM160.1 billion in previous year. Exports continued to increase by 25.5 per cent to RM114.4 billion as compared to October 2020. Imports rose by 27.9 per cent year-on-year (y-o-y) […]
Read MoreVIENTIANE: Laos is set to open a US$6 billion Chinese-built railway on Friday, with debt concerns balanced against hopes it could boost the reclusive nation’s struggling economy. The 414-kilometre route took five years to construct under China’s trillion-dollar Belt and Road Initiative. Analysts have acknowledged the potential economic boost, but have queried how infrastructure-poor Laos […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas downplayed any threats posed by the Omicron variant on the local financial system amid a pick-up in vaccination rates, which is crucial in averting another harsh lockdown that could mess up economic recovery. In an afternoon briefing with reporters on Thursday, BSP Governor Benjamin Diokno said there’s […]
Read MoreHEALTHCARE benefit costs for Singapore employers will likely see a 9 per cent increase come 2022, said Willis Towers Watson on Thursday (Dec 2). Healthcare benefit cost growth in the Republic has been steadily rising in the past few years, advancing 7.7 per cent in 2020 and 8.6 per cent in 2021, according to a […]
Read MoreA gigantic economic recovery and development programme worth nearly $35 billion is expected to drive the economy to a higher level of growth. A gigantic economic recovery and development programme worth nearly $35 billion is expected to drive the economy to a higher level of growth, with focus to be placed on supporting enterprises and […]
Read MoreConcerns over the continuing economic impact of Covid-19, after the emergence of the highly-transmissible Omicron variant, have helped push Cambodia’s stock index down to its lowest close in nearly three years. The drop comes in spite of comments by Prime Minister Hun Sen yesterday that economic growth will accelerate in spite of Omicron. The Cambodia […]
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Thailand
