KUALA LUMPUR: The Statistics Department sees challenging conditions ahead for the Malaysian economy due to enforcement on the conditional Movement Control Order (CMCO) following the third wave of the Covid-19 outbreak. Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said on Wednesday that Sabah, Selangor, Kuala Lumpur and Putrajaya – which are under the CMCO […]
Read MoreDemand for organic products has been rising sharply globally including in Vietnam, and this is good news for businesses investing in them, according to the Ministry of Agriculture and Rural Development. Deputy Minister of Agriculture and Rural Development Tran Thanh Nam said the area under organic crops in the country had increased from 53,350ha in […]
Read MoreSINGAPORE – The Covid-19 shock has affected Singapore’s domestic-oriented industries more severely than in past recessions, so economic recovery will likely take longer, the Monetary Authority of Singapore (MAS) said on Wednesday (Oct 28). MAS said the pace of recovery is expected to moderate in the quarters ahead, as firms and households continue to be restrained by […]
Read MoreJapan’s Tokyu Department Store has become the latest Japanese retailer to pull out of Thailand. The Tokyo-listed Tokyu group informed suppliers early this week that it plans to close its last department store branch at MBK shopping mall on Phaya Thai intersection in January next year. An MBK executive who asked not to be named […]
Read MoreAS ANOTHER conditional movement control order grips the key economic zones of KL and Selangor, now more than ever, Malaysia must work to counter the grave economic impact of Covid-19 with a bold, holistic and far-sighted policy. One critical area for Malaysia to enhance is its attractiveness as a destination for foreign direct investment (FDI), […]
Read MoreProperty insiders have welcomed the General Department of Taxations (GDT) decision to delay the enactment of “prakas 346” (the 20 percent capital gains tax on individuals) until 2022 just two weeks after it was approved by the Prime Minister on Oct 9. After its approval earlier this month, the industry had been preparing for the […]
Read More
Thailand
