KUALA LUMPUR (BERNAMA) – Exports of Malaysia’a natural rubber increased 14.2 per cent in June to 38,587 tonnes from 33,780 tonnes in May, according to the Department of Statistics Malaysia (DOSM). The main export destination was China accounting for a 68.1 per cent share, followed by Finland (4.2 per cent), Germany (3.8 per cent) and […]
Read MoreEconomists have predicted the resurgence of the COVID-19 pandemic could leave Vietnam facing its lowest level of economic growth in 35 years. After 99 days without any new cases of community transmission, a local infection was confirmed in Da Nang on July 25 and the virus has since spread around the country and caused 15 […]
Read MoreMANILA, Philippines — Banks continued to snub the peso rediscounting loan facility of the Bangko Sentral ng Pilpinas (BSP) for the third straight month in July as measures aimed at softening the blow of the pandemic on the economy released much needed liquidity into the financial system. Rediscounting is a BSP credit facility extended to […]
Read MoreIndonesian ride-hailing decacorn Gojek launched a website on Monday to help micro, small and medium enterprises (MSMEs) go online. The website, melajubersamagojek.com, provides advice to business owners on which Gojek applications can help them accelerate their digitizational process. “Going digital is not easy if there is only one part of the value chain that is digitalized. […]
Read MoreMANILA, Philippines — The Asian Development Bank (ADB) is pushing for investments in transportation systems that use new technologies to adopt to social distancing and increased take-up of non-motorized transport amid the pandemic. In its new report titled “Guidance Note on COVID-19 and Transport in Asia and the Pacific,” the multilateral bank said future investments […]
Read MoreSingapore’s economy suffered a bigger contraction in the second quarter than previously estimated, signalling a long recovery ahead for the trade-reliant nation. Gross domestic product plunged a record 42.9% on an annualized basis in the second quarter from the previous three months, according to final estimates from the Ministry of Trade and Industry released Tuesday. […]
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Thailand
