PETALING JAYA: Times may be tough for business, but the Malaysia External Trade Development Corp (Matrade) is doing all it can to ensure that it helps boost the country’s exports. “The core function of Matrade is to create export opportunities for Malaysian companies. During this time, it’s not for us to sit down and do […]
Read MoreMANILA, Philippines — Economists of private banks have raised their inflation forecasts for 2020 as recovery starts following the government’s decision to gradually reopen the economy, according to the Bangko Sentral ng Pilipinas (BSP). Dennis Lapid, director of the BSP’s Department of Economic Research (DER), said the results of the central bank’s survey of private […]
Read MoreWITH some global banks rolling back their most dire projections on how the pandemic will hit their books this year, the focus falls on Singapore banks to see how their performance in Asia would square in Q3. As Malaysia’s loan moratoriums have been tightened from automatic qualification to targeted debt holidays for applicable borrowers since […]
Read MoreThe Hanoitimes – The first phase of the two runway upgrade projects of Noi Bai and Tan Son Nhat airports are expected to be completed by the end of 2020, and become operational in early 2021. Permanent Deputy Prime Minister Truong Hoa Binh has urged contractors to finish the upgrade of the runways at Noi Bai […]
Read MoreThe Commerce Ministry looks set to propose the cabinet remove three services — telecommunications, finance and software development — from List 3 of the Foreign Business Act (FBA) to facilitate foreign investment in Thailand. Thosapone Dansuputra, director-general of Business Development Department under the Commerce Ministry, said the department has already completed the draft to remove […]
Read MoreIndonesia’s capital Jakarta will increase minimum wages next year for select businesses despite a government advisory to keep pay unchanged to avoid further job losses during the pandemic. The monthly minimum wage will rise by 3.27% to 4.42 million rupiah (9,400 baht) in 2021 for workers in businesses less impacted by the virus outbreak, according […]
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