KUALA LUMPUR: Malaysia’s Business Conditions Index (BCI) increased by 28.8 points year-on-year (y-o-y) to 111.8 points in the first quarter (Q1) ended March 2021, indicating that manufacturers had regained their confidence since the outbreak of the Covid-19 in Q1 2020. The Malaysian Institute of Economic Research (Mier) said the expansionary mode was also partly driven […]
Read MoreMANILA, Philippines — Struggling to bring people out of their homes and toward their nearly deserted malls, the Philippines came up with a fix to entice its consumers to go out, dine and shop: place stickers on stores to show they follow health guidelines. For sure, the so-called “safety seal” is far from being a “COVID-19-free seal” […]
Read MoreFour foreign companies have registered trademark protection for Vietnam’s ST25 rice in the U.S., which may choke off Vietnamese food exporters tapping the market later, according to Vu Ba Phu, director of the Trade Promotion Department under the Ministry of Industry and Trade. Pham Minh Thien, general director of the Dong Thap-based Co May Co. […]
Read MoreThe fresh wave of the pandemic is threatening the recovery of Thailand’s media spending this year, possibly reducing projected double-digit growth to flat growth in the worst-case scenario and a 4% increase in the best case, says Media Intelligence (MI), a media planning and creative agency. “In April we witnessed about 50% of customers postponing […]
Read MoreFinancial institutions (FI) logged a sudden spike in digital transactions during lockdown, adding further to the upward momentum fuelled by rising fears triggered by a spike in new Covid-19 cases found in connection to the February 20 community transmission. The government on April 14 announced a full lockdown in the capital and neighbouring Takmao town […]
Read MoreFinance Minister Arkhom Termpittayapaisith is concerned a great number of Thais risk an uncomfortable retirement as nearly 40% of the population is prone to spend rather than save. He said the Covid-19 outbreaks have worsened Thailand’s fragile household debt levels. Speaking on Thursday at a seminar on financial literacy, Mr Arkhom said Thailand’s household debt surged […]
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