KUALA LUMPUR: The Asian Development Bank (ADB) has revised downwards the growth forecast for Malaysia to 5.5% for 2021 from its April projection of a 6% growth due to the fallout from restrictions imposed to curb the spread of the Covid-19 pandemic. The Manila-based ADB said on Tuesday in 1q, Malaysia posted a smaller GDP […]
Read MoreMANILA, Philippines — The Philippine economy will be at the losing end anew once the Delta variant infects more people and prompts the government to impose another round of strict lockdown measures, highlighting the need to expedite COVID-19 vaccination in the country, economists said. The country is facing another threat of COVID-19 case resurgence with […]
Read MoreHanoi’s authorities advise people against stockpiling goods and gathering at supermarkets and stores to avoid disease transmission. The Hanoi Department of Industry and Trade affirmed the city ensures the supply of basic necessities of the locals, even in case of an exponential surge in demand. The announcement came after local residents flock to supermarkets and […]
Read MoreAFP – Asian markets sank yesterday following big losses on Wall Street as inflation worries and the spreading Delta virus variant fuel worries about the global recovery, while oil prices also sank after top producers reached a deal to hike output. Hong Kong was the worst hit after the United States warned businesses about the “growing […]
Read MoreVendors could face up to seven years in jail or a fine of not more than 140,000 baht or both if they gouge prices of medicinal herbs, warned the Internal Trade Department. The department’s warning came after a surge in demand for medicinal herbs such as white galingale, ginger, galangal, kaffir lime leaves and lemongrass. […]
Read MoreCambodians are being encouraged to take part in the UK government’s public consultation on new trading rules that it says will help countries fight poverty. The UK Developing Countries Trading Scheme (DCTS) sets out the British government’s approach to preferential market access for developing countries, including simplified rules of origin requirements and lower tariffs. “The […]
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Thailand
