PETALING JAYA: The medium- to long-term economic recovery plan, slated to be presented in October, will pave the way for Corporate Malaysia to withstand headwinds, ensure sustainable economic growth and boost investor confidence, economists said. The move, they said, is timely in view of the headwinds and uncertainties compounded by the Covid-19 pandemic, geopolitical tensions, […]
Read MoreINDONESIA is developing an industrial park set along the northern coast of central Java amid rice fields, which the government of President Joko Widodo hopes will grow into a major destination for companies exiting China in the face of rising economic sanctions imposed by US President Donald Trump. The Batang Special Economic Zone is the […]
Read MoreThe Department of Civil Aviation (DCA) has extended the Period of Temporary Measures to Prevent Importation of COVID-19 August 31 meaning all the international flights to and from Myanmar will remain suspended. However, transport flights, relief flights, and special flights with the approval from the Department of Civil Aviation are allowed to land in Myanmar. […]
Read MoreThe Hanoitimes – Despite a drop in output in July, firms remained confident in the 12-month outlook for production. The headline Vietnam Manufacturing Purchasing Managers’ Index (PMI) dipped back below the 50.0 no-change mark in July, posting 47.6 compared to 51.1 in June, indicating business conditions have now deteriorated in five of the past six months […]
Read MoreTO make accurate predictions about the job market and hiring trends in South-East Asia, we need to assess the current global economy together with Covid-19’s impact on Asean economies. It is difficult to predict the ultimate economic and employment impact on South-East Asia, because there is still much uncertainty about how the pandemic will play […]
Read MoreMANILA, Philippines — The Philippines likely slipped into a recession as the economy is expected to suffer from a double-digit contraction in the second quarter due mainly to the coronavirus lockdown, according to economists of private banks. Michael Ricafort, chief economist at Rizal Commercial Banking Corp. (RCBC), said the country’s gross domestic product (GDP) may […]
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Thailand
