PETALING JAYA: Business sentiment remains bleak over the next three months as the conditional movement control oder (CMCO) further eroded business cashflow by about one-third, according to a RAM Ratings survey. The results of the latest RAM Business Confidence Index (RAM BCI) survey for Q4 2020 showed that the overall index was little changed at […]
Read More[SEOUL] South Korea and Japan look set to be the biggest winners in the Asian oil and chemicals marketplace as the world’s largest regional free-trade agreement paves the way for a gradual reduction in tariffs. The Regional Comprehensive Economic Partnership (RCEP), signed last month by 15 nations accounting for around a third of the world’s […]
Read MoreThai fuel consumption in the first 10 months of this year contracted 13% due to the economic recession, according to the Department of Energy Business (DOEB). Director-general Nanthika Thangsupanich said air and land traffic restrictions across the globe during the pandemic were the main reason for the reduction, which was a record decrease for Thailand. […]
Read MoreMANILA, Philippines — Long-term economic scarring in the Philippines because of the coronavirus pandemic can be expected to be among the worst in the world, according to Oxford Economics. In a recent global research paper, the UK-based research firm said the overall long-term economic scarring would be worse in emerging markets than advanced economies because […]
Read MoreThe government on Friday released a shipment of exports worth US$1.64 billion by 133 large and small businesses to seek alternative markets and to revive Indonesian trade, which has slowed during the COVID-19 crisis. While 79 large businesses accounted for the overwhelming majority of the exports, 54 small and medium enterprises (SMEs) contributed $12.3 million. […]
Read MoreTHE rally in commodity prices will likely cause prices especially of food to go up and with the present focus on growth, not much may be done to control this inflation. Commodity prices, climbing on expectations of normalising demand, can even cause an “explosion in other prices, ” once demand resumes to normal levels. Will […]
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Thailand
