Thailand
Thailand braces for impact of soaring oil prices following drone attacks on Saudi oil facilities
Source: https://www.nationthailand.com/business/30376287
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Malaysian budget to address high cost of living issue
PETALING JAYA: The upcoming Budget 2020 will emphasise on new growth measures to address the high cost of living issue and improve the purchasing power of Malaysians, particularly the Bottom 40 (B40) segment, according to TA Securities. As such, the government is expected to be flexible in its fiscal approach and emphasise domestic activities. “Budget […]
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Indonesia: Jokowi urges young entrepreneurs to look beyond consumption and toward production
With more and more Indonesians entering the middle class and affluent consumer (MAC) demographic, President Joko “Jokowi” Widodo is urging young entrepreneurs to drive the efforts to turn Indonesia into a global production hub, instead of stopping at mere consumption. Speaking at the National Meeting of the Association of Young Indonesian Businesspeople (Hipmi), the President spoke […]
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Lower benchmark rates help boost Vietnam’s economic growth: C.bank
The Hanoitimes – The State Bank of Vietnam, the country’s central bank, would continue to closely monitoring the macro-economic conditions and managing the monetary policy in a flexible manner, aiming to support economic growth. The State Bank of Vietnam (SBV)’s decision to lower the benchmark interest rates by 0.25 percentage points would help credit institutions […]
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Thailand: Co-working spaces projected to rise 50%
Co-working spaces in Bangkok will rise by 50% over the next two years as many overseas firms move to Thailand because the US-China trade war is escalating, says property consultant Colliers International Thailand. Phattarachai Taweewong, Colliers’ associate director of research, said exponential growth in co-working space supply in Bangkok will be spurred by international operators. […]
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Singapore’s non-oil domestic exports down 8.9% in August
SINGAPORE’S non-oil domestic exports (NODX) fell 8.9 per cent year on year in August, breaking a five-month streak of double-digit declines, according to Enterprise Singapore figures on Tuesday. The August decline eased from July’s 11.4 per cent fall, in the second consecutive pick-up since June’s six-year low. On a month-on-month seasonally adjusted basis, NODX rose […]
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