More than half of respondents in the survey of a life insurance company believe that the Philippine economy would take a longer time to bounce back from the impact of the coronavirus disease 2019 (Covid-19) pandemic. At a briefing on Wednesday, Melissa Henson, senior vice president and chief marketing officer of Manulife Philippines, revealed that […]
Read MoreThe current sluggish Malaysian property market could be a “period of opportunity” for buyers and investors, experts and consultants have said. CBRE-WTW group managing director Foo Gee Jen has expressed optimism about the local property market despite the global pandemic and its impact on the economy. “There is a lot of opportunity in the market […]
Read MoreThe Department of Disease Control (DDC) is keeping a close watch on Myanmar cities that border Thailand after learning the country on Wednesday reported 592 new cases of Covid-19. The coronavirus disease situation in Myanmar is a great concern, so business operators should stop hiring foreign workers, especially Myanmar people, to help prevent a second wave […]
Read MoreOVER 80 per cent of Singapore investors remained invested in the markets, even as the value of their investments has fallen due to the coronavirus outbreak, according to a survey by Fidelity International published on Thursday. The investment management firm polled 2,434 investors in Singapore, China, Hong Kong and Japan from July 29 to Aug 3. […]
Read MoreThailand’s economic recovery is expected to take longer than previously anticipated, mainly due to the drastic decline in foreign tourist numbers, says the Bank of Thailand. The central bank slashed its GDP growth forecast for 2021 from 5% to 3.6% as the pandemic continues to hamper international travel. The central bank has revised down its […]
Read MoreMalaysia is in for a bumpy recovery said DBS economist Irvin Seah in a note on Wednesday. Malaysia’s GDP growth in 2020 is expected to slump to -5.5 per cent, the worst since the Asian Financial Crisis (-7.4 per cent). That being said, with the impending global recovery and the low base this year, GDP […]
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