In keeping with projections that the economy will take about three years to fully recover, Berli Jucker (BJC) has lowered its retail investment for the next three years. Aswin Chareonvikul, chief executive of the SET-listed consumer goods maker and operator of Big C hypermarkets, said yearly spending for Big C Supercenter will be cut to […]
Read MoreThe government is now drafting a policy on pepper with the intention of scaling up a competitive advantage, attract investors and boost added-value to Cambodian pepper production, according to a senior official at the Ministry of Commerce. As previously reported, Va Rothsan, a senior adviser at the Ministry of Commerce, said the price of pepper […]
Read MoreThe State Bank of Vietnam (SBV) on September 30 announced its decision to lower the benchmark interest rate as part of efforts to support the national economy amid difficulties posed by the COVID-19 pandemic. From October 1, the refinancing interest rate will be cut to 4 percent per annum from 4.5 percent, while the rediscount […]
Read MoreThailand’s manufacturing production index (MPI) in August rose for the fourth consecutive month, increasing by 4.8% from July to 91.43 points. The increase, which was mainly driven by high demand for fertilisers, home appliances and canned food as well as furniture exports, follows a prediction by Industry Minister Suriya Jungrungreangkit, who earlier said Thai industry […]
Read MoreKUALA LUMPUR: Malaysia’s Producer Price Index (PPI) for local production slipped 2.8 per cent year-on-year (y-o-y) in August 2020 to 101.7 compared with 104.6 in the same month last year. In a statement, the Department of Statistics Malaysia’s (DOSM) chief statistician Datuk Seri Dr Mohd Uzir Mahidin attributed the decrease in the overall index to […]
Read MoreSINGAPORE, Oct 1 — From next Thursday (October 8), visitors to Singapore from Australia (excluding Victoria State) and Vietnam will no longer need to serve a stay-home notice if they test negative for Covid-19 upon their arrival. The Civil Aviation Authority of Singapore (CAAS) said on Wednesday that it is further easing entry restrictions on visitors […]
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