The Commerce Ministry is scheduled to meet manufacturers, modern trade operators and department stores on Thursday to ask for cooperation on lowering prices of essential goods for consumers, with a focus on food and daily use products to reduce the cost of living for people hurt by the pandemic. Local diesel prices, which is a […]
Read More[KUALA LUMPUR] Malaysia aims to delay the nationwide implementation of plans to increase the use of palm oil in biodiesel, according to the Malaysian Biodiesel Association, as the country imposes restrictions on movement to contain the coronavirus outbreak. The world’s second-largest producer of palm oil, Malaysia has one of the highest numbers of infections of […]
Read MoreWASHINGTON – The International Monetary Fund (IMF) on Wednesday (April 15) revised down the growth rate in 2020 of the Asean-5 countries – Indonesia, Malaysia, Philippines, Vietnam and Thailand – to minus 1.3 per cent. “Large Asean countries have introduced public health measures including lockdowns, and there are negative economic impacts from reduced tourism, disrupted […]
Read MoreThe Hanoitimes – VinaCapital estimated Vietnam’s GDP growth would decline by three percentage points this year to 4% from 7.02% in 2019. VinaCapital, Vietnam’s major asset management firm, is of the view that the Covid-19 pandemic will ultimately benefit Vietnam’s economic prospects. In recent years, multinationals like Samsung, LG Group, and a plethora of Japanese manufacturers […]
Read MoreOver a million Indonesian families living in internet dead zones have been unable to access a government-funded electricity relief scheme being distributed online. An Energy and Mineral Resources Ministry official said on Tuesday that as many as 1.2 million families lived in regions with poor connectivity and thus were unable to access both the WhatsApp […]
Read MoreThe Association of Southeast Asian Nation (ASEAN) needs to think more about strategically restoring and promoting combined economic growth now and after the end of the COVID-19 crisis, said Prime Minister Hun Sen during the Special ASEAN Summit on the impact of COVID-19. “ASEAN must accelerate the implementation of existing plans and mechanisms as well […]
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Thailand
