Malaysia has placed much importance on digital economy by rolling out plans such as the National Digital Infrastructure Plan (Jendela) to boost digital connectivity in the country, says Minister of Communications and Multimedia Annuar Musa. This was also to prepare Malaysia for transition to 5G technology, he said. He added that the gradual deployment of […]
Read MoreThe National Bank of Cambodia held five currency auctions from September 2-21 and sold $130 million on the foreign exchange (forex) market, meant to stabilise the riel’s fluctuations against the greenback, shore up economic activity during the ongoing health crisis and power a faster economic recovery. In its forex intervention, the central bank sold $20 […]
Read MoreWe support recovery of the tourism and creative economy sectors in two ways Jakarta (ANTARA) – A top official of the Indonesian Ministry of Communication and Informatics pointed to two strategies to expedite recovery of the tourism and creative economy sectors amid the COVID-19 pandemic. “We support recovery of the tourism and creative economy sectors […]
Read MoreVietnam is taking final steps and scheduled to complete the ratification of the Regional Comprehensive Economic Partnership (RCEP) by November this year. So said Deputy Minister of Industry and Trade Tran Quoc Khanh during an interview granted to the Vietnam News Agency on the sidelines of a recent economic ministers’ consultation between ASEAN and dialogue […]
Read MoreIn the second quarter (Q2) of 2021, the performance of the retail sales index (RSI) in Brunei Darussalam continued to show a year-on-year (y-o-y) increase of 9.9 per cent with an estimated retail sales value of BND464.5 million. The food and beverages services index (F&BSI) also increased by 28.8 per cent, compared to Q2 2020 […]
Read MoreUOB Group’s Senior Economist Julia Goh and Economist Loke Siew Ting assess the latest inflation figures in the Malaysian economy. Key Takeaways “Headline inflation eased further to a 5-month low of 2.0% y/y in Aug (Jul: +2.2% y/y). This came in lower than our estimate (2.1%) and Bloomberg consensus (2.2%). It was a broad-based moderation, […]
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