JAKARTA: Indonesia’s economy is expected to have contracted more slowly on an annual basis in the first quarter of 2021 as higher consumer spending and investment helped underpin the economy’s recovery from the COVID-19 pandemic. Southeast Asia’s largest economy is expected to have slumped 0.74% from a year ago during the January-March quarter, after a […]
Read More[SINGAPORE] Travel on compassionate grounds between Singapore and Malaysia will be allowed from May 17, amid Covid-19 restrictions that ban the bulk of cross-border movement. The details of such travel arrangements will be released later, but these will include steps like testing visitors for the coronavirus as well as the need for quarantine, said Singapore’s […]
Read MoreOpening of new cryptocurrency accounts may slow in the second half of this year as the Anti-Money Laundering Office (Amlo) announced local digital exchanges must verify their customers’ identities through a “dip-chip” machine that requires clients to be physically present. The dip-chip requirement comes into effect in July, said Poramin Insom, co-founder and director of […]
Read MorePETALING JAYA: The pace of economic recovery in the second quarter (Q2) will shape how Malaysia’s gross domestic product (GDP) will fare in the second half of the year as the number of Covid-19 cases spike, according to economists. The number of cases recently surpassed the 3,000-mark and this may put a dampener on the […]
Read MoreMANILA, Philippines — The government continued to accumulate more debt in March to a new record-high, as the country’s needs amid the lingering coronavirus pandemic grow. What’s new The state’s total outstanding debt climbed 3.5% month-on-month to P10.77 trillion as of the first quarter, the Bureau of the Treasury reported Monday. The uptick means P368 […]
Read MoreThe private sector threw its weight behind nongovernmental organisation (NGO) Rescue Task Force (RTF) over the weekend as it distributed goods directly to 100 families in Red Zones across the capital’s Steung Meanchey district. A total of 1,500 kilogrammes of rice, 200 kilogrammes of sweet potatoes, 100 bottles of fish sauce, 400 tins of sardines, […]
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Thailand
