Malaysian budget carrier AirAsia’s future is in “significant doubt” due to the collapse in demand for air travel caused by coronavirus, its auditor has warned. The aviation industry is facing its biggest-ever crisis due to the outbreak, with airlines worldwide laying off huge numbers of staff while some have already gone out of business. AirAsia, […]
Read MoreThailand’s household debt level to gross domestic product (GDP) rose slightly to 80.1% in the first quarter, the highest level in four years, central bank data showed, with the trend set to continue as the coronavirus outbreak squeezes the economy. The economy could shrink a record 8.1% this year, the central bank predicts. As of […]
Read More“Covid-19 has given e-commerce a push,” said Nguyen Thuy Anh from the Department of E-commerce and Digital Economy. It not only has changed consumers’ behaviors, but also forced traditional retailers and manufacturers to go online. Anh said he got home from Binh Dien Market at midnight and then had to go to the Vietnam Online […]
Read MoreThe Kingdom’s insurance gross premiums grew 21.4 percent in the first quarter of this year compared with the same period last year, according to a report from the Insurance Association of Cambodia (IAC). The quarterly report shows that the gross premium for general insurance reached to $32.76 million, an increase from $26.98 million compared with […]
Read MoreKUALA LUMPUR (BERNAMA) – International agencies have forecast that Malaysia’s gross domestic product (GDP) in 2021 will be in the range of 6.3 per cent to 7.5 per cent, said Tengku Datuk Seri Zafrul Abdul Aziz. The Malaysian Finance Minister said the projections are subject to Malaysia’s continued success in managing COVID-19, as well as in steering and nurturing the economy […]
Read MoreBrunei Darussalam’s total trade valued at BND1,143.7 million, a decrease by 2.2 per cent from BND1,170.0 million during the same month last year. Meanwhile, for the month-to-month changes, total trade for April 2020 decreased by 19.3 per cent compared to March 2020. The Department of Economic Planning and Statistics (JPES) of the Ministry of Finance […]
Read More
Thailand
