KUALA LUMPUR, May 7 — Anxiety filled most Malaysian hearts when the government imposed the first two weeks of lockdown to curb Covid-19. But by the fourth week, more had adapted and began to feel at ease with the restrictions, a survey by market research firm Vase.ai found. The survey polled over 1,000 Malaysians from […]
Read MoreWeaker foreign direct investment inflow on the back of the Covid-19 pandemic and a likely preference by the central bank for a weaker Vietnamese dong to support export competitiveness would be key drivers of dong weakness over the near term, although any currency weakening will be measured to avoid potential punitive measures from the US, experts forecast. Fitch Solutions […]
Read MoreCambodia and South Korea have taken a step closer this month to the two nations Free Trade Agreement (FTA) with a feasibility study being signed between South Korea’s Trade Minister Yoo Myung-hee and Cambodian Commerce Minister Pan Sorasak in the Korean city of Busan last November. Seang Thay, a spokesperson for the Ministry of Commerce, […]
Read MoreTrueMoney Wallet, the largest prepaid electronic purse, saw leapfrog growth in March in terms of online payment and new customer acquisition as the viral outbreak ushered in a change in consumers’ spending patterns. Monsinee Nakapanant, co-president of Ascend Money Co Ltd, the operator of TrueMoney, said transaction amounts of the company’s digital wallet have grown […]
Read MoreOverseas remittances to Vietnam this year have been forecasted to fall by 17% this year due to the Covid-19 pandemic, according to a local economist. Chief Economist Can Van Luc from the Bank for Investment and Development of Vietnam (BIDV) said that Vietnam’s overseas remittances in 2020 would be 10-15% or even 15-17% lower than […]
Read MoreHanoi asked for permission to close shops and some business activities to fight against Covid-19 on March 25. Later, the Prime Minister released a decision on social distancing that began on April 1. Shippers then became the only link connecting buyers and sellers. They included delivery services for online sale apps, post office, freight and […]
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Thailand
