KUALA LUMPUR: Wholesale and retail trade rose by RM17.5 billion or 26.3 per cent month-on-month (m-o-m) to RM84.4 billion in May 2020 compared to April 2020. Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said this was due to the reopening of almost all economic sectors and business activities starting May 4, under the Conditional […]
Read MoreThe Kingdom’s new investment law is expected to be online soon because the draft law is already 95 percent complete, according to an official from the Ministry of Economy and Finance (MEF). Phan Phalla, the MEF’s secretary of state, said at a news conference on Government Measures in Response to the Impact of COVID-19 at […]
Read MoreMANILA, Philippines — The Philippine peso so far continues to show immunity from the coronavirus economic fallout, outperforming other Asian currencies as the country’s dollar reserves rise, the chief economist of the finance department said on Thursday. In an economic bulletin, Finance Undersecretary Gil Beltran said the local unit appreciated by 2.21% against the US […]
Read MoreAs buyer sentiment continues to fall, developers should price their new launches competitively as neighbouring areas still have unsold ready-to-transfer supply. Phattarachai Taweewong, associate director of research and communications at property consultant Colliers International Thailand, said there was no light at the end of the tunnel for the global and domestic economy. With a poor […]
Read MoreKUALA LUMPUR: The industrial production index (IPI) rebounded by 18.2% in May from a month ago as the government allowed more industries to resume operations under the Movement Control Order. Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said the rebound in the May IPI was due to the increase in all indices. The manufacturing […]
Read MoreMANILA, Philippines — London-based think tank Fitch Solutions expects higher investment risks in the country’s telecommunications industry following the recent shutdown of ABS-CBN and Sky Direct, which it said highlights the politicization of telecoms services in the Philippines. Fitch Solutions said the termination of services of ABS-CBN and Sky Direct, coupled with the country’s fluid […]
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Thailand
