MANILA, Philippines — The Philippines faces possible sanctions from Paris-based anti-money laundering watchdog Financial Action Task Force (FATF) if it fails to pass key laws, including the controversial anti-terrorism bill, according to the Anti-Money Laundering Council (AMLC). The AMLC warned the Philippines may be included in the gray list if it fails to pass or […]
Read MorePRIVATE-SECTOR economists expect Singapore’s full-year gross domestic product (GDP) to decline by 5.8 per cent in 2020, with an 11.8 per cent year-on-year contraction in the second quarter, according to findings from the latest Monetary Authority of Singapore (MAS) survey of professional forecasters released on Monday. The Covid-19 pandemic has sent expectations south since the […]
Read MoreBusinesspeople in the country are waiting for the government to announce a new economic strategy and guidelines amid its policy to relax COVID-19-related restrictions. Without such guidelines, the so-called new normal period would only leave enterprises with more uncertainty, said businesswoman and former maritime affairs and fisheries minister Susi Pudjiastuti. “It’s business as usual in […]
Read MoreKUALA LUMPUR (BERNAMA) – After a dramatic slowdown in the first quarter due to the coronavirus lockdown imposed by countries across the globe, the palm oil bulls are on the move again and ready to charge the market in the second quarter onwards. As businesses throughout the world are allowed to resume operations again, this would only mean more demand for […]
Read MoreForeign investor interest in the garment manufacturing sector is still strong despite a fall in the volume of garment exports in fiscal 2019-20, according to the government. Of the 178 foreign enterprises endorsed by the Myanmar Investment Commission (MIC) and permitted to invest in Myanmar between October 1 and May 31, more than three quarters […]
Read MoreTAMPIN, June 14 — Current developments related to the Covid-19 pandemic do not affect the country’s economic recovery during the recovery movement control order (RMCO) period, says Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed. He said the spread of Covid-19 has however affected the psychological wellbeing of the public, a factor […]
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Thailand
