Businesses in Asean expect a significant or worse impact on business with more considering layoffs to reduce costs compared with the rest of the world, according to a survey by Korn Ferry. A whopping 81 per cent of businesses in Asean said they expect a decline in revenue, compared with 72 per cent for Singapore […]
Read MoreMANILA, Philippines — Energy Secretary Alfonso Cusi is inviting foreign groups to invest in the Philippines, especially as the new normal opens up more opportunities in the country’s energy sector. In his keynote speech at the Annual Global Conference on Energy Efficiency of the International Energy Agency (IEA), Cusi urged investors to take a closer […]
Read MoreKUALA LUMPUR, June 24 — The overall prices of basic goods and services in Malaysia again fell by 2.9 per cent in May when compared to the same month last year, but food prices have continued to go up year-on-year in all states in Malaysia for the third consecutive month, the latest official statistics released […]
Read MorePublicly listed consumer goods companies have managed to book profits in the first quarter – some even higher than last year – as they emerge as winners during the pandemic-induced economic crisis. Koneksi Kapital equity analyst Alfred Nainggolan said on Tuesday that the growth of consumer goods companies had been caused by an increased need […]
Read MoreThe Commerce Ministry has admitted for the first time the country’s exports may shrink by more than 5% for the year after performance plunged 22.5% year-on-year in May, leading figures for the first five months to drop by 3.71% from the same period last year. Pimchanok Vonkorpon, director-general of the Trade Policy and Strategy Office […]
Read MoreCambodia along with 14 other regional nations have reaffirmed their commitment to signing the Regional Comprehensive Economic Partnership (RCEP) by the end of 2020, a joint media statement said. The intentions were made during the virtual 10th RCEP Inter-sessional Ministerial Meeting chaired by the Vietnamese Ministry of Industry and Trade in Hanoi on Tuesday. The […]
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Thailand
