Domestic virus inoculation, foreign tourist arrivals and export growth are among the key variables determining the revision of GDP growth outlook this year, says the Fiscal Policy Office (FPO). Other factors influencing the economic growth assessment are the impact of the drought on agriculture and the efficacy of the government’s financial relief measures to sustain […]
Read MoreKUALA LUMPUR: Malaysia’s consumer price index recorded a year-on-year (y-o-y) decrease of 0.2% to 122.1 in January, representing a 10th straight month of declines since March last year. On a month-on-month comparison, the CPI was 1.2% higher over December. Transport prices remained the leading laggard, falling 5.1% y-o-y while other declining sectors included housing, water, […]
Read MoreCambodia is undergoing property tax reform but says it is administrative with a focus on improving the registration and valuation of properties while strengthening enforcement and compliance. The government has previously stated it will not be adding new taxes or increasing tax rates but an app to simplify collection is soon to be launched. To […]
Read MoreMANILA, Philippines — Investments approved by the Philippine Economic Zone Authority (PEZA) surged 139 percent in January from a year ago. PEZA director general Charito Plaza said the agency approved projects worth P11.31 billion in January, up from P4.726 billion in the same month last year. The approved investments for January are for 24 projects. […]
Read MoreAs a leading financial newspaper run by Japanese media giants Nikkei Inc., Nikkei Asia have stated that, “Southeast Asia’s growth leader in 2021 may well be Vietnam”, during a recent article detailing ASEAN’s GDP forecasts for the year ahead. According to Nikkei, the country recorded economic growth of 2.9% last year due to its success […]
Read MorePos Malaysia Bhd is offering its employees new income-generating opportunities to earn a better living. This is being done through the company’s Entrepreneurship Programme (EP) which allows their delivery personnel to become their business partners in the last-mile delivery of parcels and mail. As of January 2021, a total of 798 delivery partners were working […]
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Thailand
