Brunei Darussalam’s economy in 2019 grew by 3.9 per cent which was attributed to the growth of both the Oil & Gas Sector and Non-Oil & Gas sector by 4.9 per cent and 2.5 per cent respectively. The overall growth was achieved after the gross domestic product (GDP) in the fourth quarter of 2019 (Q4 […]
Read MoreThe Hanoitimes – Vietnamese large fashion houses may suffer more heavily than small ones if Covid-19 lasts more than six months. Similar to the logistics and tourism industries, many enterprises in the textiles and garments industry are facing difficulties and bearing heavy losses as the new coronavirus epidemic is striking hard their operations in domestic and […]
Read MoreSmall and medium enterprises (SMEs) have called for stricter importation requirements for all finished products, citing the uncontrolled importation is negatively affecting Cambodia’s SMEs ability to produce their own value-added products. Finished products are goods that have completed the manufacturing process but have not yet been sold or distributed to the end-user. The government’s Industrial […]
Read MoreThe government is speeding up the disbursement of training funds for workers on top of announcing individual and corporate tax breaks, as well as relaxing import restrictions to cushion the economy from the COVID-19 pandemic. Presidential Regulation No. 36/2020, issued last week, will expedite the government’s preemployment card initiative, which will subsidize training programs for […]
Read MoreThe gold market price in Myanmar has dropped with the US dollar exchange rate falling as trade slows down due to the COVID-19. The global economy has been slowing down due to the novel coronavirus outbreak with stock markets across the world also falling. Stock trading in Myanmar has decreased as people are now buying […]
Read MoreSINGAPORE: Central bankers across Asia-Pacific must consider whether they can afford to wait until their next scheduled policy meetings or respond sooner to mounting global risks from the Covid-19 coronavirus outbreak and oil-price plunge. The Federal Reserve set the pace with an emergency 50 basis-point interest rate cut last week. None of Asia’s central banks […]
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Thailand
