SINGAPORE, Aug 14 — Singapore’s Land Transport Authority (LTA) said that it will extend the validity of the current vehicle growth rate by one year until January 31, 2022 due to the uncertainty over how travel demand patterns will evolve amid the Covid-19 pandemic. In a media release yesterday, LTA said that the growth rate […]
Read MoreKUALA LUMPUR: Bank Negara Malaysia lowered its forecast for the economy this year due to the impact of the Covid-19 pandemic and it expected negative growth of between 3.5% and 5.5% this year before rebounding 5.5% to 8% next year. In a statement issued on Friday, it said the green shoots of economy recovery have […]
Read MoreBrunei Darussalam’s total trade is valued at BND1,302.8 million, an increase by 0.9 per cent from BND1,290.7 million during the same month last year. Meanwhile, for month-to-month changes, total trade for May 2020 increased by 13.9 per cent compared to April 2020. Exports increased by 20.5 per cent year-on-year to BND865.2 million compared to BND718.1 […]
Read MoreThe Ministry of Industry and Trade urges firms to control the quality of pepper exported to India and develop solutions to cope with policies affecting the export of pepper from Vietnam. The warning was issued after the ministry received notification from the Viet Nam Trade Office in India that the Association of Pepper Growers in […]
Read More[SINGAPORE] In the early weeks of the coronavirus outbreak, Anthony Tan, the chief executive officer of South-east Asia’s biggest ride-hailing firm, recalls how he mistook the infection to be a China-only problem, similar to the Severe Acute Respiratory Syndrome in 2003. As Covid-19 turned into a pandemic, sending markets into a tailspin, the 38-year-old sought […]
Read MoreSingapore’s Silk Air, which plies the Singapore-Phnom Penh-Singapore route, is expected to resume flight services in September. The airline has gotten approval to resume its flights and have also obtained approval for passengers travelling from Cambodia t transit in Singapore. This positive development comes in the wake of Cambodia banning flights from three destinations, Malaysia, […]
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