[KUALA LUMPUR] Malaysia’s consumer price index (CPI) fell for the sixth month in a row in August, declining 1.4 per cent from a year earlier, government data showed on Wednesday. The drop was slightly worse than the 1.2 per cent contraction forecast by 10 economists in a Reuters poll. In July, the index had fallen […]
Read More[BENGALURU] Business sentiment among Asian firms rebounded in the third quarter as easing coronavirus restrictions lifted sales but lingering uncertainty over the pandemic thwarted a return to business-as-usual, a Thomson Reuters/Insead survey showed. Asian firms’ outlook for the next six months tracked by the Thomson Reuters/Insead Asian Business Sentiment Index jumped to 53 in the […]
Read MoreVietnam, the world’s biggest producer of robusta, has become the top supplier of coffee beans for Japan as the consumption of instant coffee, which uses robusta, is soaring there amid the COVID-19 pandemic, according to the Nikkei Asia Review. The newspaper reported that more people are working at home during the pandemic, driving up demand […]
Read More[JAKARTA] Bank Indonesia’s (BI) policy will remain accommodative to help South-east Asia’s largest economy recover from the impact of the coronavirus pandemic, Dody Budi Waluyo, the central bank’s deputy governor, said on Wednesday. The recovery has so far been limited to some sectors, “incomplete and uneven”, and loan growth has been slow due to weak […]
Read More[KUALA LUMPUR] Malaysian prime minister Muhyiddin Yassin announced on Wednesday an additional economic stimulus package worth 10 billion ringgit (S$3.28 billion) in a bid to help industries and citizens badly hit by the coronavirus pandemic. The programme includes 7 billion ringgit in cash aid, assistance for small businesses and a wage subsidy scheme, Mr Muhyiddin […]
Read MoreSINGAPORE consumers are shifting towards online banking and online shopping amid the coronavirus pandemic, while also pivoting to better money management and mindful spending, a survey by Standard Chartered (StanChart) has found. The effects of the Covid-19 outbreak has “led to the emergence of a cashless and cautious consumer”, the bank said in a press […]
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Thailand
