KUALA LUMPUR: The Malaysian manufacturing sector continued to improve in November, with further expansion in both output and new orders, according to the latest IHS Markit data. Its headline Malaysia Manufacturing Purchasing Managers’ Index (PMI) – a composite single-figure indicator of manufacturing performance – edged up to 52.3 from 52.2 in October as manufacturers noted […]
Read MoreThe baht opened at 33.67 to the US dollar on Wednesday, strengthening from Tuesday’s closing rate of 33.71. The Thai currency is likely to move between 33.60 and 33.80 to the greenback during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that the baht strengthen on Tuesday due to the dollar strengthening […]
Read MoreMANILA, Philippines — The emergence of another COVID-19 variant may result in a loss of momentum in economic recovery in many countries, including the Philippines, as plans to reopen borders to tourism have been stalled indefinitely. In its latest chart book, Capital Economics said the Omicron variant is another blow for the tourism industry that […]
Read MoreACLEDA Bank Plc launched its online shopping platform which will enable customers to buy and sell goods and services and make payment in the real time. Named ACELEDA E-Shop and launched yesterday, it is the mobile-based online shopping platform for the general public to buy-sell goods, services and to make payment settlements in real time […]
Read MoreSINGAPORE’S resident employment rate rebounded beyond pre-Covid-19 levels as the labour market makes a broad-based recovery, but several other labour indicators continued to lag, according to the Ministry of Manpower’s (MOM) advance release of its annual Labour Force in Singapore (LFAR) 2021 on Wednesday (Dec 1). The employment rate for residents rose to 67.2 per […]
Read MoreA RESURGENCE of Covid-19 cases in Indonesia would hamper marketing sales growth for property developers there in FY2022, with the sector appearing most vulnerable to the impact of a new wave of infections, research firm CreditSights has said in a report. This is because tighter movement and operating restrictions are likely to hinder prospective customers […]
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