INCOME inequality between states and changing energy trends are some challenges that Malaysia needs to address if it is to maintain its growth trajectory, argues a recent Moody’s Analytics report. The report, Malaysia’s Shifting Regional Diversity, looks the major industries in various Malaysian states, grouped by region. Electronics, for instance, is concentrated along the west coast […]
Read MoreModern trade operators are calling on the government to allow them to reopen their stores, saying their inventory is piling up and this could affect supply chains and future employment. Thanavath Phonvichai, president of the University of Thai Chamber of Commerce, which conducted a survey between March 23 and April 17, said the reopening of […]
Read MoreThe Hanoitimes – The Vietnamese e-commerce industry has experienced a lot of sudden changes due to the influence of Covid-19, according to a latest report by iPrice Group. Product categories, which are traditionally the “golden eggs” of the Vietnamese e-commerce industry such as fashion and electronics, were affected negatively during the pandemic, according to the latest […]
Read MoreParkson, a Malaysian retail giant which has stories in many Asian counties, failed to contest a case initiated against them in Cambodia for a failed department store venture. Parkson Holding’s Bhd (listed in the Kuala Lumpur stock Exchange) Cambodia unit, Parkson (Cambodia) Co Ltd (PCCO) was ordered to pay $144.5 million to a company owned […]
Read MoreSINGAPORE – The number of visitors to Singapore plummeted to about 240,000 in March, the lowest since the Sars outbreak hit the Republic in 2003. The number of arrivals last month represents an 85 per cent year-on-year drop, according to figures published by the Singapore Tourism Board (STB) on the Singapore Tourism Analytics Network website. […]
Read MoreBank Indonesia (BI) has injected Rp 503.8 trillion (US$32.7 billion) into banks and the debt market to stabilize the rupiah and help support the government’s financing needs to combat the economic shocks of the COVID-19 pandemic. BI Governor Perry Warjiyo said that banks would be obliged to buy government bonds after the central bank freed […]
Read More
Thailand
