SINGAPORE: Singapore’s tourism sector is facing an existential crisis, its tourism board chief said on Wednesday, laying out plans to boost local demand after a collapse in visitor arrivals due to Covid-19 travel restrictions. Singapore had welcomed a record 19.1 million travellers in 2019 – more than three times its total population. But the island […]
Read MoreKUALA LUMPUR, July 22 — Malaysia’s Consumer Price Index (CPI) continued to decline when compared to the past year, with the overall prices of basic goods and services in the country falling by 1.9 per cent in June versus the same month last year. Following the movement control order (MCO) imposed in various phases in […]
Read MoreIndonesia recorded a further decline in foreign direct investment (FDI) realization in the second quarter this year, as the COVID-19 pandemic batters both the national and global economy. The Investment Coordinating Board (BKPM) announced on Wednesday that FDI fell 6.9 percent year-on-year (yoy) to Rp 97.6 trillion (US$6.67 billion) in the April-June period, continuing the […]
Read MoreMANILA, Philippines — The net inflow of foreign direct investments (FDIs) plunged by 68 percent to hit an 11-month low of $311 million in April from $971 million in the same month last year as many investors put on hold their plans amid the uncertainties brought about by the COVID-19 pandemic, according to the Bangko […]
Read MoreThe Hanoitimes – US-tech giant Google looks to build long-term cooperation with Vietnam. Google, with its experience, is willing to support the development of Vietnamese enterprises and looks to build long-term cooperation with Vietnam, according to Scott Beaumont, president of Google in Asia Pacific. Enterprises with high level of digitalization would grow twice as fast as […]
Read MoreKUALA LUMPUR: The Department of Statistics Malaysia (DoSM) Report which says that about 12.7 million or 83.5% of employees as of June 2 have returned to work, evidently shows that economic activities and services are recovering, said Tengku Datuk Seri zafrul Tengku Abdul Aziz. The Finance Minister noted that the figure on May 17,2020 was […]
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Thailand
