KUALA LUMPUR: Malaysia’s decision not to shut down its economy under the Movement Control Order (MCO) 2.0 and MCO 3.0 could prevent various adverse effects, including unemployment reaching an estimated one million people, said Tengku Datuk Seri Zafrul Abdul Aziz. The finance minister said applying the lessons learned from the first COVID-19 wave, no country […]
Read MoreIn a bid to continue successfully controlling inflation this year amid a rise in local consumption, the government is taking drastic action, with the stabilisation of prices of key items in the market a priority. Although the four-month consumer price index (CPI) remains low, at 0.89% as compared to that of the same period last […]
Read MoreCambodia is committed to join hands with other ASEAN member states and improve its transportation system to offset the cumulative impact of Covid-19 containment measures and boost regional trade, according to the Ministry of Public Works and Transport. Various Intra-ASEAN discussions are underway on tactics to better facilitate transportation and reduce the increased shipping times […]
Read MoreThe Thai financial system has become more vulnerable due to negative shocks from the latest coronavirus outbreak and there remained significant risks to the economy, the minutes of the central bank’s last meeting showed on Wednesday. On May 5, the Bank of Thailand’s monetary policy committee left the policy rate unchanged at a record low […]
Read MoreThe Vietnamese retailer will modernize Vietnam’s grocery market and develop an unparalleled consumer proposition from assortment to shopping experience. A consortium led by Chinese-e-commerce giant Alibaba Group and Hong Kong-based Baring Private Equity Asia (BPEA) will acquire a 5.5% stake in The CrownX, Masan Group’s subsidiary for a total investment of US$400 million. The deal […]
Read MoreThe Budget Bureau has proposed that the government increase the investment funds to be incorporated into the budget bill for the next fiscal year in order to meet the requirements of the current fiscal discipline law. Dechapiwat Na Songkhla, the Budget Bureau’s director, said on Tuesday the bureau has suggested that at least 76 billion […]
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Thailand
