KUALA LUMPUR: Malaysia’s near-term economic prospects remain upbeat as the country’s Leading Index (LI) increased by 8.2%, underpinned by healthcare and transportation, and as more people get vaccinated. The Statistics Department said the LI, which is a predictive tool used to anticipate economic upturns and downturns in average of four to six months ahead, increased […]
Read MoreThe Bank of Thailand on Wednesday slashed its economic growth forecast this year to 3% from 3.2% made in December, given the impact of the second wave of Covid-19 infections and tepid tourism. Titanun Mallikamas, secretary of the central bank’s Monetary Policy Committee (MPC), said the second wave of infections that emerged in December resulted […]
Read MoreThe One Commune One Product program is defined as a prioritized rural economic development program. Governmental ministries are seeking approval from the National Assembly (NA) for an investment policy of the National Target Program on New Rural Development for the 2021-25 period. The proposal, drafted by the Ministry of Agriculture and Rural Development (MARD) with […]
Read MoreMANILA, Philippines — The coronavirus pandemic has been prompting more Filipinos to abandon their desire to work abroad and instead look for jobs onshore that allow their employees to work from the comforts of their homes. A global report released Wednesday by JobStreet, an online job portal, showed a majority of 54% of Filipino respondents […]
Read MoreThailand is expected to return to the pre-pandemic level of international arrivals of almost 40 million in five years, according to Finance Minister Arkhom Termpittayapaisith. Speaking at a seminar held on Wednesday by the Securities and Exchange Commission (SEC), he said the tourism sector is expected to recover gradually, with a great number of foreign arrivals […]
Read MoreKUALA LUMPUR: European and US companies have ranked Malaysia as the second most favourable South-East Asian country for opportunities to establish or expand sourcing, selling or operations over the next six to 12 months. According to a Standard Chartered study, “Borderless Business”, chief financial officers (CFOs) and treasurers in the United States, the UK, Germany […]
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