Estimating and comparing companies’ results in the first quarter since the Covid-19 outbreak is more a guessing game than a science. By any measure, though, the outlook for Thailand Inc is more bleak than for peers across Southeast Asia. Earnings predictions for companies in the MSCI Thailand Index have been slashed by 23% on average […]
Read MoreProperty watchers have long noticed that weekends, at this time of the year, are a prime times for people seeking to buy or rent homes, but this year it’s different. That’s because of COVID-19 has reared its ugly head, knocking the traditional real estate sector on its head. Fewer people are on the streets and […]
Read MoreKOTA KINABALU, April 20 ― Sabah is looking to export its vegetables to neighbouring Brunei to manage the glut under the movement control order (MCO). Chief Minister Datuk Seri Shafie Apdal said that there was an oversupply of vegetables and fish in the state which could be sent to Brunei. “Brunei has communicated with us […]
Read MoreWith Thailand in the midst of its worst drought in four decades, sugar production is falling significantly for this year’s crop cycle, pushing up the price of sugar globally and placing a severe strain on the domestic industry. Ekapat Wangsuwan, secretary-general of the Office of Cane and Sugar Board (OCSB) under the Industry Ministry, said […]
Read MoreIndonesia’s banking industry is expected to see a drop in loan growth to around 4 percent this year as the COVID-19 pandemic batters the economy, an economist has said. Senior economist at the Institute for Development of Economics and Finance (INDEF), Aviliani, said Indonesian banks had become hesitant to provide loans to new debtors, as […]
Read MoreThe Cambodian government is optimistic that the nation’s economy will see V-shaped growth in the wake of the Coronavirus pandemic, in direct contrast to the U-shaped recovery economic experts are predicting. Phay Siphan, the government’s chief spokesman, made the statement at a news conference held last week addressing the state of the country’s aviation industry. […]
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