Jakarta (ANTARA) – The Indonesian government and the House of Representatives (DPR) have agreed to raise the lower limit of the national economic growth target for 2022 to 5.2 percent, from five percent earlier, according to Finance Minister Sri Mulyani Indrawati. The government and DPR reached the agreement during a working meeting to discuss the […]
Read MoreBrewers and purveyors are struggling as the current ban on alcohol enters its eighth week. Celebrated brewers Stone Head told Khmer Times that the uncertainty over the bans on alcohol across the country had forced it to lay off staff and temporarily suspend operations. Proudly brewed in Koh Kong since 2015, the company said it stopped making […]
Read MoreHarsh lockdown measures imposed last month were viewed as having limited power to contain the spread of Covid-19 due mainly to ineffective law enforcement, according to the Federation of Thai Industries (FTI)’s CEO survey. Up to 78.1% of 201 FTI executives in 45 industries said the measures, implemented since mid-July and covering more provinces last […]
Read MoreBy Chester Tay Malaysia’s manufacturing continued to contract in August though the downturn showed signs of moderating. IHS Markit’s purchasing managers index edged up to 43.4 in August from 40.1 in July, remaining below the 50.0 mark that separates contraction from expansion. Businesses reported sustained reductions in production and new orders. The latest rise in […]
Read MoreThe Tourism Authority of Thailand (TAT) has provided an update on domestic travel by air, bus, train and boat following the government’s latest announcement allowing the resumption of interprovincial travel between the 29 dark-red zone provinces and other areas from today, September 1. Air Travel Thai Airways Thai Airways International will operate twice weekly one-way […]
Read MoreMANILA, Philippines — Economic recovery for the Philippines will continue to be tough, with its return to pre-crisis levels seen only by late 2023, the Asian Development Bank (ADB) said. In a webinar organized by the United Nations Development Program (UNDP) Philippines yesterday, ADB country director Kelly Bird said economic recovery for the Philippines has […]
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