The Bank of Thailand’s Monetary Policy Committee (MPC) is not expected to ease the policy rate for the remainder of this year as more government stimulus measures reduce the likelihood of further rate cuts, says the Thai Bond Market Association (TBMA). The Policy Interest Rate Expectation Index for September was at 50, unchanged from the […]
Read MoreThe Hanoitimes – The record US$13.5 billion trade surplus in the eight-month period far exceeded the unprecedented figure of US$11.12 billion last year. In the first eight months of 2020, Vietnam’s trade surplus reached an all-time high of US$13.5 billion, representing a 150% increase compared to the same period of last year (US$5.47 billion), according to […]
Read MoreThe Covid-19 crisis and the ensuing movement control order (MCO) have deep negative ramifications for many Malaysians, especially vulnerable, low-income families. With the exception of the headline news – a three-year peak in the unemployment rate and a contraction of quarterly GDP of over 17% – detailed evidence of the extent of these ramifications has […]
Read MoreSINGAPORE businesses have come in tops in a DBS survey of the digital readiness of corporates in the Asia-Pacific (APAC) region, with 45 per cent of local businesses indicating they have a well-defined digital strategy. Hong Kong came in second at 44 per cent, while Japan – which came in first last year – was […]
Read MoreThe rise in popularity of online shopping, particularly online grocery shopping, driven by the COVID-19 pandemic and the enforcement of large scale social restrictions (PSBB) is predicted to be the driving force of growth in the e-commerce sector in Indonesia and Southeast Asia this year, experts have said. Indonesia E-commerce Association (IdEA) chairman Bima Laga said […]
Read MoreLogwood Apparel Co Ltd has been given the go-ahead from the Council for the Development of Cambodia (CDC) to build a factory in Kandal Stung district, Kandal province. The newly-approved project with a total investment of $2.7 million covers the production of clothes and medical facemasks, according to a CDC news release. The investment amid […]
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