KUALA LUMPUR: The full resumption of land travel between Malaysia and Singapore will catalyse business activities not only for the severely impacted tourism industry, but also provide a strong impetus for the post Covid-19 economic recovery. It could boost external trade and employment, which in turn, will contribute to the 2022 gross domestic product (GDP) […]
Read MoreMembers of the tripartite national wage committee are expected to meet later this year to consider a proposal calling for the government to increase the daily minimum wage rate in response to the increase in living costs in the kingdom, Labour Minister Suchart Chomklin said on Thursday. He was speaking during a press conference at […]
Read MoreBut warns of breach in inflation targets MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has kept interest rates at record lows despite growing pressure to raise them, signalling it can pursue monetary action if inflation spirals upward in the coming months. BSP Governor Benjamin Diokno yesterday said the policy-setting Monetary Board decided to […]
Read MoreThe number of mobile payment users in Cambodia saw an increase by 42 percent to 13.6 million in 2021, according to the National Bank of Cambodia (NBC), explaining that COVID-19 situation has encouraged more people to use electronic payments. NBC’s figures show that in 2021, there were in total 13.6 million mobile payment users, up […]
Read MoreThe Test and Go scheme and Thailand Pass registration are expected to be scrapped by June 1 if there is no surge in infections or fatalities during the Songkran festival in April, says the Tourism and Sports Ministry. Tourism and Sports Minister Phiphat Ratchakitprakarn said Thai tourism has to move forward after opening the Phuket […]
Read MoreEl Salvador made the misguided move and made BTC legal tender, which backfired massively on the Central American nation. However, this has done little to deter others from considering a similar move, with the latest being Malaysia. As Bloomberg reports, the deputy minister for Communications and Multimedia revealed that the ministry has already proposed the move to the […]
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