Philippine headline inflation likely picked up in April after hitting a two-month low in March, analysts polled by The Manila Times said. Projections for the month ranged from 4.5 to 4.8 percent with a 4.6-percent average, slightly higher than the 4.5 percent recorded in March. Inflation in April last year settled at 2.2 percent. The […]
Read MoreKUALA LUMPUR: The government should consider implementing a windfall tax on industries that benefit greatly from the COVID-19 crisis, according to Khazanah Research Institute senior advisor Professor Dr Jomo Kwame Sundaram. “This is precisely the time when you must reform taxes, as you have it (windfall tax) all the time amid extraordinarily high petroleum prices […]
Read MoreAFP – Asian markets mostly fell yesterday following a soft lead from Wall Street, hit by profit-taking and lingering inflation worries. With bourses closed in Japan and China for holidays most of the week, traders were easing back from their recent buying frenzy while there are also concerns that the more than year-long rally may have […]
Read MoreThe global cybersecurity company Kaspersky has reported a significant decrease in the number of ransomware attempts it detected and foiled last year among small and medium enterprise (SME) users in Southeast Asia. The company monitored 804,513 ransomware events in 2020, down 58% from the 2019 total of 1.9 million, according to the latest Kaspersky Security […]
Read MoreBrunei Darussalam’s economy is expected to strengthen in 2021 and 2022 on an improving external environment with a gross domestic product (GDP) growth of 2.5 per cent this year and three per cent next year, according to the Asia Development Bank (ADB) flagship economic publication, Asian Development Outlook (ADO) 2021, released recently. Growth in 2021 […]
Read MoreJakarta. Indonesia has seen inflation accelerated to its fastest pace in three months in April, as demand for foods and clothes during the Islamic fasting month of Ramadan picked up and drove up the commodities’ prices. The consumer price index — a composite measure gauging price level from a broad basket of goods — rose 1.42 percent in April […]
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Thailand
