Four multi-purpose buildings will be constructed in Phnom Penh, Koh Kong and Kep to support China’s Belt and Road Initiative (BRI). The BRI is an ambitious programme to connect Asia with Africa and Europe via land and maritime networks along six corridors with the aim of improving regional integration, increasing trade and stimulating economic growth. […]
Read MoreMANILA, Philippines — Manufacturing conditions in the country deteriorated further in August as the reimposition of a strict two-week lockdown stalled factory operations. The headline IHS Markit Philippines Manufacturing Purchasing Managers’ Index (PMI) fell anew to 47.3 in August from 48.4 in July. This reading, however, was still above the record low PMI of 31.6 […]
Read MorePETALING JAYA: The Malaysian financial market remains resilient and continues to function efficiently despite a challenging global economic environment from the Covid-19 pandemic, said the Financial Markets Association Malaysia. The association said in the second quarter, Malaysia’s growth slowed to a pace of -17.1% year-on-year (y-o-y), in line with other regional peers following measures introduced […]
Read MoreThe Monetary Authority of Singapore (MAS) has been stepping up engagements with the top leadership of key financial institutions on the need to maintain human resource practices that are merit-based and support workplace diversity, said Ong Ye Kung, an MAS board member, on Tuesday. Speaking in Parliament on the second day of debate on the […]
Read MoreThe Brunei economy recovered in 2019 and the recovery is expected to continue this year amid a sharp slowdown in the global economy, according to the 2019 Annual Consultation Report on Brunei Darussalam published yesterday by the ASEAN+3 Macroeconomic Research Office (AMRO). The agency said, “The gross domestic product (GDP) grew by 3.9 per cent […]
Read MoreThe total trade value at 18 border trade camps exceeded US$9.56 billion from 1 October to 21 August in 2019-2020 financial year (FY), according to the Ministry of Commerce. During this period, the total border trade value amounted to $9.56 billion, an increase of $334 million compared to that of the same period last year. […]
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Thailand
