PETALING JAYA: Malaysia is expected to see another dip in economic growth in the third quarter, with a technical recession likely to extend to the final three months of the year due to the ongoing conditional movement control order (CMCO). According to CGS-CIMB Research, the country’s gross domestic product (GDP) is projected to decline 3.5% […]
Read MoreCambodia Securities Exchange (CSX)-listed Phnom Penh Autonomous Port (PPAP) has maintained a stable financial position during the first 10 months of 2020, despite the economic headwinds posed by the pandemic. According to unaudited documents submitted to the Securities Exchange Commission of Cambodia and released by the CSX on Tuesday, PPAP’s 2020 October monthly revenue was […]
Read MoreSlowest in 13 years MANILA, Philippines — Credit growth slumped to its slowest pace in more than 13 years as banks are more cautious because of the growing number of loan defaults despite the regulatory relief measures extended by the Bangko Sentral ng Pilipinas (BSP). Preliminary data from the BSP showed loans extended by big […]
Read MoreThe Finance Ministry has discussed managing the baht’s movements with the Bank of Thailand in a bid to help exporters and recoup the economy amid a tourism slump. The export sector plays an important role in helping stimulate the economic recovery as the tourism industry remains battered by adverse effects stemming from the pandemic, said […]
Read MoreThe Hanoitimes – Car sales in Vietnam in the January–October period dropped 18% year-on-year to 212,409 units across all segments. The number of cars sold in Vietnam in October increased by 22% month-on-month and 15% year-on-year to 33,254 units, which came on the back of strong growth of 32% inter-monthly in the sales volume in September, […]
Read MoreThe government has joined the other members of the Association of Southeast Asian Nations (ASEAN) in signing an agreement on relaxing non-tariff measures (NTM) for the trade of essential goods during the COVID-19 pandemic. Indonesia signed the memorandum of understanding (MoU) on Tuesday. The MoU will be valid for the next two years and cover trade […]
Read More
Thailand
