Thai manufacturers’ outlook picked up for the first time in three months in February after restrictions to contain a recent coronavirus outbreak were eased, the Federation of Thai Industries said on Thursday. The FTI’s Thai industries sentiment index rose to 85.1 last month after hitting a six-month low of 83.5 in January, it said. “The […]
Read More[SINGAPORE] By end-March, S$940 million in Wage Credit Scheme (WCS) payouts will be disbursed to more than 98,000 employers here, bringing the total amount in wage credits paid out during the pandemic to over S$2 billion. In a Facebook post on Thursday, Deputy Prime Minister and Finance Minister Heng Swee Keat wrote that uplifting workers […]
Read MoreThe pandemic has increased pressure on building operators, resulting in an all-time high in demand for property management, US-based commercial real estate and service and investment firm CBRE – the largest in the world – said yesterday. CBRE said that while the pandemic has slowed the start of construction projects, those in the pipeline present […]
Read MoreKUALA LUMPUR: The International Monetary Fund (IMF) sees the Malaysian economy growing by 6.5% this year, underpinned by the manufacturing and construction sectors but overall recovery is expected to be uneven across sectors. In its report issued on Wednesday, it said the recovery would hinge on an improvement in both domestic and external demand. IMF […]
Read MoreMANILA, Philippines — The national government continued to incur a budget shortfall in January as spending outpaced revenue collections amid the COVID-19 crisis. The budget deficit reached P14.1 billion during the month, reversing the P23-billion surplus in the same month last year, according to the latest cash operations report of the Bureau of the Treasury […]
Read MoreThe rapid suppression of the new COVID-19 outbreak in late January 2021 has helped maintain Vietnam’s positive outlook for economic recovery this year, the World Bank (WB) has said. In its latest Vietnam Macro Monitoring report, the WB said, looking ahead, special attention should be paid to how the COVID-19 vaccinations will be rolled out domestically and globally […]
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