PETALING JAYA: Foreign direct investment (FDI) inflows this year are projected to come in at RM16bil to RM17bil, markedly lower than in 2019, while next year it is expected to be lower than pre-Covid 19 levels, no thanks to the pandemic and political uncertainties. Economists are of the view that there would be some pick […]
Read MoreMANILA, Philippines — The Philippine economy continues to lose steam and is poised to remain in recession until 2021 amid the raging COVID-19 pandemic, according to Dutch financial giant ING Bank. In a report, ING Bank Manila senior economist Nicholas Mapa said there is little hope of a big turnaround for the Philippines in 2021 […]
Read MoreThe Myanmar government is putting the finishing touches on an ambitious new economic recovery and reform plan. To be announced during the current transition period following the Nov 8 elections, it will be part of the strategic plan for the next five years. The “recovery and reform roadmap” will guide the formation of economic policies […]
Read MoreSINGAPORE’S official economic outlook has been cut again, as the gross domestic product (GDP) print for the third quarter was revised upwards by less than expected. The Ministry of Trade and Industry (MTI) on Monday narrowed its forecast contraction to between 6 per cent and 6.5 per cent in 2020, from 5 per cent to […]
Read MoreEncouraged by the success of Ben Tre’s coconuts, Long An, Dong Thap and An Giang provinces are considering plans to put their specialties on online for sale. Ben Tre was the first province invited to the ‘Lang nghe dac san online’ (online village of specialties) program and the participation brought success beyond expectations. According to […]
Read MoreCoach is cutting its handbag styles by half. Bed Bath & Beyond is reducing its can opener selection by two-thirds. Kohl’s is culling its towel offerings by nearly a fifth. Retailers ramped up choices in recent decades as the internet created a so-called endless aisle that freed them from the space constraints of physical stores, […]
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Thailand
