PETALING JAYA: Consumers are increasingly worried about their income and job security as the Covid-19 pandemic continues, further straining their confidence, according to a survey by the Malaysian Institute of Economic Research (MIER). According to MIER’s Consumer Sentiments Index (CSI) for the fourth quarter (Q4) 2020, household finances at the year-end were the weakest in […]
Read MoreMyanmar’s army seized power on Monday this week, detaining Nobel Peace Prize winner Aung San Suu Kyi and cutting short a transition to democracy in a takeover that has drawn condemnation from the United Nations, the United States and other Western countries. UN chief Antonio Guterres warned the world must rally to ensure the military […]
Read MoreMANILA, Philippines (UPDATE 12:35 p.m., Feb. 5) — Prices of basic goods and services rose by their fastest level in 2 years in January, overshooting government expectations as the surge in food costs remained unabated. Inflation, as measured by the consumer price index, accelerated to 4.2% year-on-year, the Philippine Statistics Authority reported on Friday. The rate was […]
Read MoreThe Finance Ministry has brushed off critics suggesting a near-bankruptcy status of the government’s fiscal position by citing Thailand’s economic fundamentals. The three indicators exemplifying the health of the country’s fiscal position are GDP ratio, foreign reserves and the public debt-to-GDP ratio, said Finance Minister Arkhom Termpittayapaisith. A country’s GDP growth has to continuously expand […]
Read MoreVietnam is expected to further improve the domestic business and investment climate with the Party setting out the country’s new Socioeconomic Development Strategy for the next 10 years, in which full protection of business and investment activities will be ensured. The 13th National Party Congress has adopted the Party Central Committee’s draft wrap-up report of […]
Read MorePETALING JAYA: Employers will have trouble finding the right talent, according to Randstad Malaysia’s 2020 Workmonitor second edition survey. The survey which was conducted in October across 34 markets around the world, with a minimum of 400 respondents in each market showed that seven in 10 respondents believed the difficulty in finding talent was due […]
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