[KUALA LUMPUR] Malaysia’s 2020 budget deficit will rise to 4.7 per cent after it announced an additional stimulus of RM10 billion (S$3.3 billion) to counter the impact of the coronavirus pandemic on the economy, the finance minister was quoted as saying. “The total (stimulus) package now amounts to RM260 billion, which will raise the budget […]
Read MoreThe Hanoitimes – In 2020, raising public investment disbursement is the only way to lessen the pain of economic growth. Although Vietnam has maintained macroeconomic stability amid the Covid-19 pandemic, the current crisis is posing challenges to the country’s fundamental weaknesses, mainly a high dependence on foreign investment and exports, weak supporting industries, and high debt […]
Read MoreMANILA, Philippines — Dismal consumption and a halt in public transportation in Luzon started to temper inflation in March, an unwarranted consequence of businesses getting shuttered and consumers being asked to stay home in the Philippines’ most populous island. Consumer prices rose 2.5% in March, down from 2.6% in previous month and notching the slowest […]
Read MoreIndonesia has rolled out a fiscal stimulus worth trillions of rupiah and widened its state budget deficit beyond the 3 percent legal limit to afford a fight against the COVID-19 outbreak, but the figure seems small compared to what other countries are spending. The government has set aside Rp 436.1 trillion (US$26.36 billion) for the […]
Read MoreSmall and medium enterprises (SMEs) are expected to apply for a loan from the newly formed SME Bank of Cambodia to expand their production lines but first they want to see the end of COVID-19, according to the vice-president of Cambodia Chamber of Commerce. The Ministry of Economy and Finance on Friday officially launched the […]
Read MoreFour factories in Yangon and Bago regions will begin producing face masks after the Thingyan holidays amid soaring local demand for masks due to the outbreak of coronavirus, officials say. At present there are no factories primarily focused on producing the masks in Myanmar, so two factories in Yangon Region and two in Bago Region […]
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Thailand
