The Bank of Thailand said on Tuesday that headline inflation should decline and hover around the lower band of its target range of 1%-3% by the end of the year. A jump in inflation in the second quarter was deemed as temporary due to the low base of energy prices and several price relief measures […]
Read MoreFood and beverage (F&B) establishments here continue to struggle with manpower shortages, despite offering higher pay. Many outlets are under-staffed by 20 per cent to 30 per cent, said the Restaurant Association of Singapore (RAS), which has more than 500 members, including restaurants, caterers and fast-food chains. “Many F&B brands have also commented that even […]
Read MoreThe State Securities Commission (SSC) has reported that Vietnam was the second-fastest growing stock market in the first half of the year, despite the fourth Covid-19 outbreak. The VN Index reached new peaks. As of June 30, the VN Index had climbed to 1,408.55 points, up 27.6 percent over late 2020. The liquidity in the […]
Read MoreMANILA, Philippines — Moody’s Analytics has warned the Philippines about loosening its social restrictions amid the recent trend in the resurgence of COVID-19 infections as well as the spread of the Delta variant across Asia-Pacific. In a report, Moody’s Analytics senior Asia-Pacific economist Katrina Ell and economist Stefan Angrick said the contagious Delta strain is […]
Read MorePETALING JAYA: The Malaysian-German Chamber of Commerce and Industry (MGCC) is the among latest trade group to urge the government to reassess the standard operating procedures (SOPs) under the current lockdown and ramp up vaccinations to ensure business sustainability. In a statement, the MGCC said there had been confusion with regards to applicable SOPs and […]
Read MoreJAKARTA: Indonesia’s state-owned pharmaceutical company PT Kimia Farma is delaying a plan to sell Covid-19 vaccines after public backlash against the move. The company will focus on preparing the programme first, said Ganti Winarno Putro, a spokesman for the company. Kimia Farma was earlier set to market Sinopharm Group Co shots, which were ordered for […]
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