[KUALA LUMPUR] Malaysia will exempt as much as 10 per cent of workers in Kuala Lumpur, Selangor, Sabah, Labuan and Putrajaya from its work-from-home order, Trade Minister Mohamed Azmin Ali said in a statement on Wednesday. The exemption covers those whose job scope involve accounting, finance, administration, law, planning and ICT. These workers may only […]
Read MoreFlooding has created uncertainty over the Kingdom’s economic outlook this year, with various figures bandied about and thousands of households and paddies affected. However, economists are optimistic that even though the country has been hit by flash flooding, adding to the COVID-19 pandemic and also the partial loss of the everything but Arms (EBA) trade […]
Read MoreThailand must start its reopening plan slowly after the first Chinese tourists under the special tourist visa (STV) scheme arrived on Tuesday, says the Tourism Authority of Thailand (TAT). TAT governor Yuthasak Supasorn said the first arrivals may not be in large numbers, but their example will show the readiness of the public health system […]
Read MoreThe Ministry of Planning and Investment (MPI) said it had advised the Government to implement a number of policies to support Viet Nam’s industrial sector, especially the support industry. “The ministry is in the process of reviewing and amending Government Decree 68 on the development roadmap of the industrial sector 2016-2025 and development strategy for […]
Read MoreMANILA, Philippines — The plan of central banks across the world to create digital currencies could have profound consequences for global banks, according to Moody’s Investors Service. In a report, Moody’s said the accelerating trend toward digital payments amid the COVID-19 pandemic is considered by many central banks to be a long-term threat, both to […]
Read MoreKUALA LUMPUR: China remains Malaysia’s largest foreign investor in the manufacturing sector for the fourth consecutive year since 2016, with 32 foreign direct investments (FDIs) amounting to US$452.43mil (RM1.87bil) approved in the first six months of 2020. Deputy International Trade and Industry Minister Datuk Lim Ban Hong said Malaysia approved 79 FDIs worth US$3.74bil (RM15.5bil) […]
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