PETALING JAYA: After six consecutive months of headline deflation, experts believe the country’s muted price pressures will likely continue for the rest of the year, mainly due to the sluggish crude oil prices. Maybank IB Research’s economics team, led by Suhaimi Ilias, said inflation may only return in 2021 at 2%. The research firm recently […]
Read MoreMANILA, Philippines — The Philippines may post the biggest economic contraction in Asia-Pacific at almost 10 percent this year after imposing one of the world’s longest and strictest lockdowns to slow the spread of COVID-19, according to S&P Global Ratings. In its latest economic research titled “Asia-Pacific’s recovery: The hard work begins,” the debt watcher […]
Read MoreSINGAPORE, Sept 25 — A study has found that three out of four Singaporeans were feeling anxious over issues such as long-term economic disruption as a result of Covid-19, along with unemployment, possible tax increases and the rising cost of living. The fear of contracting Covid-19 in public spaces was also a major source of […]
Read MoreAs a promising land for foreign direct investment, Vietnam could grow into the most advanced country in the region – as long as more flexible mechanisms in granting special incentives to large-scale projects are realised. This was expressed by various experts and leaders of numerous investors from Asia, Europe, and the United States at an […]
Read MoreNew business registrations continued to fall in August, dipping 7% from the same month last year as the business sector frets over the pandemic. The Business Development Department reported yesterday new business registrations totalled 5,538 in August, with combined registered capital worth 14.3 billion baht, a decrease of 17% from last year. On a monthly […]
Read MoreKUALA LUMPUR: AirAsia Group Bhd has rebranded its digital ventures under AirAsia Digital, and aims to evolve AirAsia.com to become an Asean “super app”, that will be an all-in-one platform for travel, food delivery, shopping, logistics, health and financial services. The low-cost carrier’s CEO Tan Sri Tony Fernandes said the group can leverage on its database of […]
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Thailand
