PETALING JAYA: The two-week extension of the lockdown, although deemed necessary to break the chain of Covid-19 infections, is expected to weigh down the already struggling economy and corporate earnings of some of the hardest-hit sectors. With business and consumer sentiment taking a hit, only a comprehensive recovery strategy by the government, on top of […]
Read MoreJAKARTA: Indonesia’s export growth shot up on a yearly basis to an 11-year high in May, supported by high commodity prices and a low base effect, while imports also jumped as domestic demand rose, official data showed on Tuesday. Exports rose 58.76% to $16.60 billion, the biggest increase since January of 2010 due to a […]
Read MoreWhile Covid-19 has had an overall negative effect on global foreign direct investment (FDI), Cambodia appears to be prepared to withstand this deficit as international companies look to diversify their investments in the Kingdom. According to Enhanced Integrated Framework (EIF), a multilateral partnership dedicated to assisting least developed countries (LDCs), FDI fell in Asia by […]
Read MoreMANILA, Philippines — The country’s import shipments toward the holiday season could face delays due to unprecedented demand and congestion at some of the world’s major ports. Philippine Ports Authority general manager Jay Santiago said while utilization at the Port of Manila remains quite low compared to previous years at 60 percent, there are prevailing […]
Read MoreThe Finance Ministry is willing to expand eligibility for phase 3 of the Khon La Khrueng co-payment scheme beyond the original limit of 31 million people, says director-general of the Fiscal Policy Office Kulaya Tantitemit. Phase 3 of the scheme opened registration on Monday, when more than 20 million people signed up as of 2pm. […]
Read MoreA cut of steel prices from Vietnam’s major steelmakers will drive up the domestic market in the next months. Vietnamese businesses are hoping to maintain stable prices of steel products from now on until the end of this year after the market has witnessed a decline in prices in recent weeks. The cut of still […]
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Thailand
