EXPORT-oriented economies in South-east Asia could take longer to recover from the coronavirus-led slowdown, compared with those with lower exposure to the impact of the global recession, a report from Morgan Stanley suggests. This means that economies like Thailand, Malaysia and Singapore may have to wait until the first quarter of 2021 to recover, the […]
Read MoreKUALA LUMPUR, May 12 — To help kickstart the economy, the Malaysian government should consider certain unorthodox measures such as bringing back the Goods and Services Tax (GST) as well as reduce the excise duty on cigarettes. Datuk Abdul Aziz Abu Bakar, president of the Malaysian Association of Tax Accountants (MATA) said this is to […]
Read MoreKUALA LUMPUR (BERNAMA) – Facebook is collaborating with local businesses in hosting a week-long Facebook Live event themed ‘Jaga Jarak, Tetap Meriah dengan Digital Beli Belah’, which will be hosted on Facebook Business Page. Country Director of Facebook Malaysia Nicole Tan said these groups are pivoting to sustain income generation for local small businesses, while keeping the Ramadhan spirit alive in […]
Read MoreKUALA LUMPUR, May 10 — The existing conditional movement control order (CMCO) enforced nationwide will be extended to June 9, Prime Minister Tan Sri Muhyiddin Yassin announced today. In his special address on the 7th day of the CMCO, Muhyiddin said despite achieving several positive results throughout the movement control order (MCO) imposed since March […]
Read MoreKUALA LUMPUR (BERNAMA) – Malaysia’s wholesale and retail trade volume index grew by 1.5 per cent year-on-year (y-o-y) to 127.5 points in the first quarter (Q1) of this year compared with Q1 2019, according to the Department of Statistics Malaysia (DoSM). In a report released yesterday, Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said […]
Read MoreKUALA LUMPUR, May 8 ― Companies in Malaysia in a recent poll are most worried about making payroll and having no customers, with most reporting that they were forced to use their reserves for operational costs during the nationwide movement control order (MCO) as many of them also reported no sales and revenue in that […]
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Thailand
