KUALA LUMPUR: Malaysia’s industrial production index contracted 2.2% in November 2020 as compared to the same month in 2019, despite a 0.2% median growth forecast by a survey of Bloomberg economists. The Department of Statistics Malaysia said in a statement that the country’s mining index fell 15.4% while the electricity index dropped 2.5%. The contraction […]
Read MoreMANILA, Philippines — Compliance with mandatory credits to agriculture and agrarian (agri-agra) reform, as well as anti-money laundering continue to be the most challenging areas for banks and financial institutions, according to the Bangko Sentral ng Pilipinas (BSP). The BSP said most banking groups’ difficulty with Republic Act 10000 or the Agri-Agra Reform Credit Act […]
Read MoreThe Hanoitimes – Traditional investment channels such as stock or real estate markets are set to continue to be the focus for investors in 2021. In early days of 2021, many are already considering their investment options during a low interest rate environment. The question is, whether stock market or gold can maintain their strong growth […]
Read MoreSOME key Asean states are expected to underperform regional growth this year, with analysts citing local Covid-19 outbreaks as hurdles to economic recovery. Nomura watchers have tipped the Asean-4 economies of Indonesia, Malaysia, the Philippines and Thailand to lag behind China, India, South Korea and Singapore in the rebound from a pandemic-induced downturn. Among the […]
Read MoreThe labour market was just starting to bounce back with a lower-than-expected unemployment rate when the fresh wave of Covid-19 cases hit, says Deputy Chairman of the Thai Labour Solidarity Committee (TLSC), Chalee Loysoong. Continued assistance will be needed for recent graduates and workers in the most affected industries as the government shapes its response, […]
Read MoreMANILA, Philippines — Total investments approved by the Board of Investments (BOI) reached the P1 trillion level last year, but was down 11 percent compared to 2019 amid the pandemic. BOI chairman and Trade Secretary Ramon Lopez said during the SME Bayani: Beating the Odds webinar over the weekend that the value of total approved […]
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Thailand
