KUALA LUMPUR, Jan 28 ― Moody’s Investors Service has affirmed Malaysia’s local and foreign currency long-term issuer and local currency senior unsecured debt ratings at A3, with a stable outlook. In a statement today, Moody’s said the rating affirmation is underpinned by its expectation that Malaysia’s medium-term growth prospects would remain strong, and the country’s […]
Read MoreAs global economy remains weak MANILA, Philippines — Exports plunged anew in December after recovering in November, reflecting slower global economic recovery and a severe decline in the outbound shipments of agriculture products. Data released by the Philippine Statistics Authority (PSA) yesterday showed total export sales dropped by 0.2 percent on an annual basis in […]
Read MoreA renewal of the reduced property tax measures for another year can help boost housing demand and purchasing power, says a property consultancy, even as the cut in transfer and mortgage fees remains capped at 3 million baht a unit. Phattarachai Taweewong, director of research and communications at Colliers International Thailand, said the measures help […]
Read MoreMANILA, Philippines — With many Filipinos turning to delivery services to treat themselves in the days of social distancing and community quarantine, KFC has decided to shift its gears and introduce a new delivery service that is safe, not only for its customers but also for the environment. True to its commitment to adapt, innovate […]
Read MoreAs global laptop manufacturers are shifting production out of China, Southeast Asian countries like Vietnam are repositioning to benefit, although some hurdles will have to be addressed for Vietnam to become a new laptop manufacturing hub. Hon Hai Precision Industry Co., Ltd., a unit of Foxconn, the world’s biggest contract electronic manufacturer, was granted an […]
Read MoreA $3.1 million garment factory will be built in Bati district of Takeo province, creating 702 jobs for the locals. The update was shared in a press release from the Council for the Development of Cambodia (CDC) yesterday following its approval of the investment project. The garment factory is the investment by Brightness (Cambodia) Garment […]
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Thailand
