KUALA LUMPUR, May 2 — Malaysia’s economy in 2020 could shrink more than initially forecast due to extended curbs on movement imposed to stem an outbreak of the new coronavirus, the finance minister said on Saturday. Malaysia’s central bank had forecast in April for growth in gross domestic product (GDP) of between -2 per cen […]
Read MoreThe Minister of Agriculture, Forestry and Fisheries has rejected accusations that it has offered a company exclusive rights to import pigs from Thailand, according to a letter responding to the Cambodia Pig Supply Association. The Minister has stated, that the association’s report missed information about big imports from neighbouring countries, especially from Thailand by accusing […]
Read Moretate-owned electricity firm PLN has announced its intention to supply small-scale businesses and industries on 450-volt ampere (VA) contracts with six months of free electricity as part of the government’s latest expansion of social aid. PLN president director Zulkifli Zaini said the company had started gathering data of around 500,000 pre-paid customers from small businesses and industries eligible to receive the […]
Read MoreThe Prime Minister’s Office has issued a notice regarding the easing and continuation of certain lockdown measures in Laos. The notice, effective from 4-17 May, outlines a gradual loosening of lockdown measures, with certain strict measures to remain in place. Businesses and Work Government offices and private sector businesses will be permitted to open normally. However, […]
Read MoreCommerce officials have vowed to work harder on intellectual property protection after Thailand remained stuck on a US watch list despite years-long efforts to tackle rampant piracy. The United States Trade Representative (USTR) officially announced on Wednesday it would keep Thailand on its Watch List (WL) for a fourth consecutive year after taking the country […]
Read MoreMANILA, Philippines — Philippine exporters are pushing for the revival of the local textile industry to enable the country to address the demand for personal protective equipment (PPE) and face masks brought about by the coronavirus disease 2019 or COVID-19 outbreak. During an e-forum, Robert Young, trustee for the textiles sector of the Philippine Exporters […]
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