KUALA LUMPUR (BERNAMA) – Sales value of Malaysia’s wholesale and retail trade grew double-digit to 21.8 per cent in June compared to that of May, nearing the pre-Movement Control Order (MCO) levels, the Department of Statistics Malaysia (DOSM) reported. Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said wholesale trade sub-sector contributed the most to […]
Read MoreThe consumer price index (CPI) increased by 2.6 per cent last June, compared to the previous month. This was highlighted by the Department of Economic Planning and Statistics (JPES) at the Ministry of Finance and Economy in a report yesterday. Prices of food and non-alcoholic beverages increased by 2.8 per cent, while prices of non-food […]
Read MoreMANILA, Philippines — British banking giant HSBC expects the Philippine economy to contract deeper by 9.6 percent this year due to the rising number of COVID-19 cases in the country. According to HSBC economist Noelan Arbis, the company has revised its economic projections for the Philippines to a contraction of 9.6 percent for this year […]
Read MoreMyanmar’s coffee beans exports are dropping as against last year, and Myanmar Coffee Association is expecting a recover of market in the coming months, said an official of the association. The impacts of coronavirus hurt coffee industry as the lockdown and physical distancing caused a reduction in consumption. The COVID-19 crisis changed the dynamics of […]
Read MoreCredit ratings agency Fitch Ratings has affirmed Indonesia’s long-term foreign currency issuer default rating at “BBB with a stable outlook”, the lower medium investment grade. Fitch cited a favorable medium-term growth outlook and low government debt-to-GDP ratio against high dependence on external financing among the reasons for retaining the rating, but also noted issues around […]
Read MoreTHE Singapore government will soon unveil plans to help the ailing economy, including an update from Deputy Prime Minister Heng Swee Keat on fiscal support measures. That’s even as Singapore’s central bank said it stands by its monetary policy stance, which was eased in a double-tap move at its last half-yearly review in April. “In […]
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Thailand
