KUALA LUMPUR: Malaysia’s economy is forecast to shrink by 6% this year due to the impact of the Covid-19 pandemic, but it will rebound 6.6% next year, according to the Global Economic Outlook report from Oxford Economics. The report issued on Monday said although the nationwide movement control order in Malaysia compounded the economic damage […]
Read MoreThe baht firmed to a three-week high on Monday, gaining along with most Asian currencies against a subdued US dollar, while drawing relief from the anti-government protest passing peacefully at the weekend. At the biggest demonstration in years, tens of thousands of protesters on Saturday cheered calls for reform of the monarchy as well as […]
Read MoreBANDAR SERI BEGAWAN, Sept 21 (Borneo Bulletin/ANN): In the second quarter (Q2) of 2020, retail sales performance in Brunei Darussalam continued to show an increase of 1.6 per cent year-on-year, after increasing by 5.8 per cent (revised from 4.3 per cent) in the first quarter (Q1) of 2020. The value of retail sales in Q2 […]
Read MoreMore foreign investment is being injected into Cambodia after a manufacturing company announced a new production line and an opening of more than 1,000 new jobs in Kampong Speu province. GCH International Trade Co Ltd said this week that it will invest approximately $3.2 million into a new bag-manufacturing line producing different types of the […]
Read MoreConsumers are looking for affordability when purchasing cigarettes as the increase in the tobacco excise and the economic impacts of the COVID-19 pandemic have hit people’s purchasing power, according to publicly listed cigarette maker PT HM Sampoerna. Sampoerna president director Mindaugas Trumpaitis said consumers seemed to have a growing preference for products with higher tar […]
Read MoreMORE than one in three Singaporean consumers are less than satisfied with their digital commerce experience despite a majority spike in online spending during the pandemic. Singaporean consumers reported a spike in online spending in response to Covid-19, with 63 per cent of those surveyed now spending more online and the total spend for the […]
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Thailand
