The government has cut off 45 low-priced Blue Flag stores from its financial relief schemes after they were found to breach the conditions. Supapat Ongsangkoon, deputy permanent commerce secretary, said on Wednesday following investigations by the Commerce Ministry the 45 shops were found to have taken advantage of the government-sponsored schemes by unfairly raising the prices […]
Read MoreKUALA LUMPUR: The second movement control order (MCO2.0) in key states with bustling economic activities will pose an impact on Malaysia’s economic growth this year, according to financial intelligence company Moody’s Analytics. Chief Asia-Pacific economist Dr Steve Cochrane said the MCO, which is currently being implemented in key economic areas, namely Selangor, Kuala Lumpur, Penang, […]
Read MoreMANILA, Philippines — Retail prices of construction materials in the national capital region accelerated in January, indicating a steady resumption of demand, the Philippine Statistics Authority (PSA) said. The Construction Materials Retail Price Index (CMRPI) in NCR rose at a faster clip of 1.2 percent in January 2021 from 0.7 percent last year. However, it […]
Read MoreThe Regional Comprehensive Economic Partnership, the world’s largest trade pact, offers Vietnamese agricultural exporters an excellent opportunity to increase their participation in global value chains, experts said. Le Duy Minh, chairman of the Vietnam Farms and Agricultural Enterprises Association, said the RCEP provides the country’s farm produce with access to a larger market and opportunity […]
Read MoreSeven airlines in Thailand have formed an association to deal with the pandemic and pave the way for vaccine passport cooperation. Bangkok Airways president Puttipong Prasarttong-Osoth said the Airlines Association of Thailand (AAT) has set a long-term goal of elevating the aviation industry in Thailand. However, the short-term priority is the soft loan request the […]
Read MoreMANILA, Philippines — The Philippines continues to fail in attracting foreign investors given its restrictive lockdown measures that discourage companies to pour in much-needed capital to revive the economy. Latest data from the Philippine Statistics Authority (PSA) showed that approved foreign investments plunged by 71 percent last year to P112.12 billion. In the fourth quarter, […]
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