MALAYSIA registered a deflation in 2020, the first time it saw a decline in general prices in 51 years. Deflation is a general decline in prices for goods and services, which should give more purchasing power to consumers. However, Malaysians continue to feel the pinch of a higher cost of living. This is because, last […]
Read MoreA forum, held online on April 15, was an opportunity for local Vietnamese businesses to connect trade activities with their partners from Singapore. Singapore businesses are very interested in the Vietnamese market, Douglas Foo, Chairman of the Singapore Manufacturing Federation and Chairman of the Vietnam-Singapore Business Council affirmed at a forum to promote investment in […]
Read MoreThe Bank of Thailand has responded to the US decision to keep the country on a currency manipulation watchlist by asserting that it has stepped into the market only to curb volatility in the baht. The central bank is committed to exchange-rate flexibility, with “interventions limited only to curbing excessive volatility and rapid movements of […]
Read MoreMANILA, Philippines — Capturing the digital economy into the country’s tax system will not be a walk in the park as several barriers have yet to be addressed. In a recent study, state-run think tank Philippine Institute for Development Studies (PIDS) said the “complex and multifaceted” nature of the digital economy creates tax issues and […]
Read MoreThai giant calls Vietnam a bright spot for investment amid the global Covid-19 pandemic. Thai coffee chain Cafe Amazon announced its plan to open more stores nationwide in the coming time, especially in Ho Chi Minh City and neighboring provinces which are favorite locations for launching new outlets this year. Cafe Amazon in Vietnam, established […]
Read MoreThe latest Covid-19 outbreak in the country has delayed the recovery of the labor market, forcing workers, especially women, to seek jobs in informal sectors. The labor market continues to be severely affected by the third resurgence of the Covid-19 pandemic, with the number of unemployed people in the first quarter rising to nearly 1.1 […]
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Thailand
