KUALA LUMPUR: Malaysia’s economic recovery is expected to be affected by the latest surge in Covid-19 infections that triggered a two-week lockdown, from June 1-14, 2021. In a research note, Moody’s Analytics said its baseline forecast assumed a 5.6 per cent expansion in 2021, but noted the added downside risks and heightened uncertainty. “The lockdown […]
Read MoreTHE benefits of the temporary reduction in tariffs and increase in the minimum access volume for pork, which were implemented in mid-May, are expected to be felt this month, according to the National Economic and Development Authority (NEDA). “We expect to gradually see the benefits of Executive Orders (EO) 133 and 134 in the coming […]
Read MoreRural Cambodians continue to face the brunt of the pandemic’s economic impact even as the capital enjoys a slow but steady rebound in commercial activity because of continued vaccination efforts. Sampoar village in Kampong Speu province’s Basedth district is home to about 374 households living near the foothills of Dam Rei Romeal Mountain. Most of […]
Read MoreAlong with the mass vaccination campaign from June 7, the government is also working on reopening the country for tourism. Recently, the Centre for Economic Situation Administration approved the road map to reopen 10 pilot provinces to vaccinated tourists, without quarantine, from October. The Nation Thailand looks at tourism revenue of the 10 pilot provinces […]
Read MoreE-commerce platforms in Vietnam have seen the number of new users grow by 41% since the outbreak of the Covid-19 pandemic. Most of the new users said they would continue to use the new form of shopping even after the epidemic ends. During the pandemic, Vietnam’s e-commerce recorded an impressive growth of 18%, and market […]
Read MoreMANILA, Philippines — The government’s decision to reduce tariffs and bring in more imported pork are expected to temper the continued rise in consumer prices. The National Economic and Development Authority (NEDA) said inflation may start easing this month as the temporary reduction in tariffs and increase in the minimum access volume (MAV) for pork […]
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