KUALA LUMPUR (BERNAMA) – Malaysia’s gross domestic product (GDP) is expected to contract by 5.2 per cent in the third quarter (Q3) of 2020 due to strict movement restrictions that have dampened domestic consumption and fixed investments. Moody’s Analytics Asia Pacific Economic Preview noted that the country’s GDP contracted by 17.1 per cent in second […]
Read MoreFarmers in the Mekong Delta have started to harvest raw material sugarcane from the beginning of October. However, up to now, the remaining three factories in the region have not operated yet. Currently, farmers mainly sell sugarcane for traders to resell to sugarcane juice vendors. Ironically, both farmers who sell sugarcane early to benefit from […]
Read MoreTHERE was a delightful quote being passed around the social media over the weekend in the wake of President-Elect Joe Biden’s victory over that thing who I will henceforth avoid addressing by name: “Try to live your life so the whole world doesn’t dance in the streets when you lose your job.” Along with spontaneous […]
Read MorePETALING JAYA: The construction sector will benefit from the 38% jump in Budget 2021 development expenditure allocation to RM69bil although concerns about execution risks and political uncertainties remain, according to research analysts. Maybank Investment Bank (IB) Research said it remained positive on the construction sector, as the surge in gross development expenditure presents sizeable order book replenishment […]
Read MoreThe signing of international trade agreements and the potential for more on the horizon will require Cambodia to conduct detailed trade impact assessments (TIAs) more frequently as the country seeks more bilateral and multilateral trade deals. Sok Sopheak, Secretary of State of the Ministry of Commerce, said since Cambodia became a member of the World […]
Read MoreState statisticians on Monday lowered the official second quarter gross domestic product (GDP) contraction to -16.9 percent from the earlier -16.5 percent. “Major contributors to the revision were real estate and ownership of dwellings, from -20.1 percent to -29.7 percent; wholesale and retail trade; repair of motor vehicles from -13.1 percent to -13.9 percent; and […]
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Thailand
