Bank Negara Malaysia has reiterated that the Malaysian economy will expand from 5.5-6.5 per cent this year, underpinned by continued expansion in global demand and higher private sector expenditure, says governor Nor Shamsiah Mohd Yunus. In an email interview with Bernama, Nor Shamsiah said Malaysia was well-positioned to gain as global growth and trade bounce […]
Read MoreThe Commerce Ministry expects headline inflation in February to increase slightly after a larger than expected surge in January. Ronnarong Phoolpipat, director-general of the Trade Policy and Strategy Office, said the February headline inflation rate is expected to move in line with the economy, especially in terms of retail gasoline prices, which have gained steadily […]
Read MoreIn the first trading session of 2022, Vietnam’s stock market reached a historic peak of 1,517.95 points, and trading volume of over 526 million shares, equivalent to more than 16,688 billion VND. In the first trading session of 2022, Vietnam’s stock market reached a historic peak of 1,517.95 points, and trading volume of over 526 […]
Read MoreMANILA, Philippines — Singapore-based SpaceDC is putting up the largest hyperscale data center in the Philippines. SpaceDC CEO Darren Hawkins said the firm picked the Philippines as it ranks second in terms of data center growth in Southeast Asia. “With only 47 MW (megawatt) of available capacity in the country, it is a dramatically underserved […]
Read MoreThailand should look to the example of the more liberal reopening policies of Europe and travel hot spots such as the Maldives to revive its tourism industry, says Bill Heinecke, the founder and chairman of Minor International Plc. Current entry requirements for vaccinated foreign travellers are too “cumbersome”, the Bangkok-based billionaire said in an interview […]
Read MoreThe prices of pork, chicken and eggs are poised to drop after the end of Chinese New Year festivities, according to the Internal Trade Department. Speaking after an on-site inspection of prices at the World Market at Thawi Watthana on Thursday, Wattanasak Sur-iam, director-general of the department, said overall prices, especially for pork, chicken and […]
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