SINGAPORE – Singapore’s economic growth may have slowed significantly this year but the current situation does not warrant stimulus measures just yet, Prime Minister Lee Hsien Loong said on Sunday (Aug 18). If the situation gets much worse, however, the Republic will “promptly respond with appropriate interventions to sustain the livelihoods of our workers”, he […]
Read MoreFROM helping older workers stay employed to tackling climate change, Prime Minister Lee Hsien Loong addressed major issues for Singapore’s future in Sunday night’s National Day Rally – while noting that the current economic slowdown does not warrant stimulus measures, for now. To help older workers keep working and be more financially independent, the retirement […]
Read MoreKUALA LUMPUR: Maybank Kim Eng Group says a recession in 2019 is unlikely but there is a possibility of it happening in the second half of 2020. Its economist Lee Ju Ye was one of three panellists at Maybank Investment Bank Bhd’s (Maybank IB) second half 2019 market outlook (2H2019) on Saturday. “Trade-oriented economies will […]
Read MoreAll eyes are on this week’s meeting of the Asean Telecommunication Regulators’ Council (ATRC) in Bangkok, watching for clues as to whether it will usher in joint guidelines that will get tough on over-the-top (OTT) operators, particularly where taxation is concerned. OTT refers to digital applications or services operated over internet networks. The rise of […]
Read MoreOverall car sales are expected to contract throughout the third quarter of 2019 after figures in July remained in the red for a second straight month, attributed to financial institutions tightening their car loan conditions in line with the Bank of Thailand’s warning, say local distributors. The automotive industry club of the Federation of Thai […]
Read MoreThe government’s plan to block the use of unlicensed cell phones entering Indonesia is immature and detrimental to the public interest, says the Indonesian Ombudsman. The Ombudsman noted some oddities in the initiative after a recent meeting with the Communications and Information Ministry to examine the ministry’s draft for a regulation on the matter. “It […]
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