PETALING JAYA: The Socio-Economic Research Centre (SERC) forecasts Malaysia’s gross domestic product (GDP) to grow between 4% and 6% this year, with the efficacy of the vaccine rollout and containment of the Covid-19 infection poised to play a critical role in economic recovery. SERC executive director Lee Heng Guie said how quickly and efficiently Malaysia […]
Read MoreConsumer sentiment dropped for the second straight month in January, hitting a nine-month low, as people grew concerned about a fresh surge of infections in the country. The University of the Thai Chamber of Commerce (UTCC) reported yesterday the consumer confidence index fell to 47.8 from 50.1 in December, following readings of 52.4 in November, […]
Read MoreKUALA LUMPUR: Consumers are increasingly worried about their income and job security as the Covid-19 pandemic continues, further straining their confidence, according to a survey by the Malaysian Institute of Economic Research (MIER). The MIER’s Consumer Sentiments Index (CSI) for 4Q survey revealed household finances at year-end were the weakest in nine months; lost wealth […]
Read MoreConsumer confidence dropped for a second straight month in January, hitting a nine-month low, the University of the Thai Chamber of Commerce reported on Thursday. The UTTC consumer index fell to 47.8 in January from 50.1 in December. The report attributed the drop to concerns about the fresh wave of coronavirus infections. Source: https://www.bangkokpost.com/business/2062547/consumer-mood-hits-9-month-low
Read MoreThe government, businesses and the public are enjoying many benefits from digital transformation activities. Vietnam aims to become a developing country with industry marching towards modernity and income surpassing the lower average level by 2025; a developing country with modern industry and higher average income by 2030; and a developed country with high income by […]
Read MoreMANILA, Philippines — The Philippines and Russia are exploring possible bilateral cooperation that could further improve the country’s tax administration and compliance. Officials of the Bureau of Internal Revenue (BIR) met with the Federal Tax Service (FTS) of Russia last Jan. 13 to discuss the latter’s best practices that could be applied in the Philippines. […]
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Thailand
