SINGAPORE’S central bank kept monetary policy settings unchanged at its half-yearly review on Wednesday, as market watchers had expected. The neutral position, taken after two straight rounds of easing, came as the economy is tipped to recover in 2021, but with weak underlying momentum. Amid the global economic downturn of the Covid-19 pandemic, the Monetary […]
Read MoreTHE latest wave of Covid-19 infections in Malaysia threatens the momentum of the country’s recovery, as reintroduced restrictions hamper growth in key economic regions, said economists this week. Malaysia’s fourth quarter gross domestic product (GDP) performance hinges upon the virus fight, said OCBC economist Wellian Wiranto. The government has announced a return to a conditional Movement Control […]
Read MoreSINGAPORE’S third-quarter economic growth staged a rebound from the deep contraction seen during its “circuit-breaker” period but has continued to stay in negative territory, according to advance estimates released by the Ministry of Trade and Industry (MTI) on Wednesday. Gross domestic product (GDP) grew by 7.9 per cent in Q3, on a quarter-on-quarter seasonally-adjusted basis, […]
Read MoreThe total trade between Myanmar and foreign countries reached over 36.6 billion U.S. dollars in previous fiscal year (FY) 2019-2020 which ended on Sept. 30, according to figures released by the Commerce Ministry Xinhua reported. From Oct. 1, 2019 to Sept. 30 this year, Myanmar earned over 17.6 billion U.S. dollars from export while its […]
Read MoreThe number of insurance complaints declined by about 30% in the first nine months of this year, after the Office of the Insurance Commission (OIC) allowed voluntary insurance policyholders with coverage of less than 2 million baht to receive claims without a dispute. In the first nine months of 2020, there were 8,082 cases of […]
Read MoreThe government’s tax collection remains strong even during the COVID-19 pandemic, reaching more than $2.25 billion in the first nine months of this year, according to a report by the General Department of Taxation (GDT). The report shows that the amount increased 3.71 percent compared with the same period last year and was 78.10 per […]
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Thailand
