The government is working to finalize eight measures that will be incorporated in a second stimulus package aimed at easing rules for exports and imports as supply chains continue to be disrupted by the spread of COVID-19, Coordinating Economic Minister Airlangga Hartarto said on Wednesday. The stimulus, he said, would be bigger than the first one. “Trade […]
Read MorePETALING JAYA: Malaysia’s exports in January 2020 fell 1.5% to RM84.08bil from a year ago, but was better than the Bloomberg forecast of 1.6%, as trade was impacted by lower exports to China. The International Trade and Industry Ministry (Miti) said imports slipped 2.4% to RM72.08bil versus the survey of a 1.4% decline. Malaysia recorded […]
Read MoreThe outbreak of the Covid-19 virus could slow the pace of foreign direct investments (FDI) into Myanmar in the coming months, according to the Directorate of Investment and Company Administration (DICA). U Myo Min, a director at DICA, said although Myanmar has been unaffected so far, the impact of the outbreak on the world economy […]
Read MoreThe new coronavirus (Covid-19) has already affected the Lao economy, despite no cases of the disease having been confirmed in the country, a senior government official has said. The sector affected the most is tourism, followed by investment and trade, said Acting President of the National Institute for Economic Research, Dr. Leeber Leebouapa, as quoted […]
Read MoreThe coronavirus (COVID-19) outbreak has affected the local hotel industry, resulting in a loss of revenue amounting to BND530,480.58 and about 4,174 room cancellations from December 14, 2019 to March 31, 2020. These statistics were shared by President of the Brunei Association of Hotels (BAH) Mohd Iswandi bin Maaruf, who added that the cancellations – […]
Read MoreMANILA, Philippines — Growth prospects remain for the Philippine e-commerce market despite its slower take-off compared to its Southeast Asian neighbors, a regional e-commerce aggregator said. “I haven’t cracked it yet, but in my idea, it’s the most overlooked market of Southeast Asia,” iPriceGroup CEO and co-founder David Chmelar said. He said a lot of […]
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Thailand
