KUALA LUMPUR, April 23 — The Malaysian Institute of Economic Research (MIER) cautioned policymakers today about the huge cost that the movement control order (MCO) has had on the economy, warning of a deepening recession should restrictions be extended. Any extension of the MCO after the second phase would cause a 2 per cent contraction […]
Read MoreAs a result of the effects of the Covid-19 pandemic, Laos’ Gross Domestic Product (GDP) is expected to rise by only 3.3 percent in 2020 – the lowest rate in three and a half decades, according to a new estimate. Tourism, manufacturing, and state revenue collection are all in decline, according to a report on […]
Read MoreThe Hanoitimes – A number of exporters have complained of a lack of transparency in customs declaration for rice export. At a recent government meeting on rice export in the context of Covid 19 pandemic, saltwater intrusion and drought, Deputy Prime Minister Trinh Dinh Dung said it is necessary to carefully consider rice exports to ensure […]
Read MoreExtraction of the first gold mines in Cambodia has been confirmed to be made within this year, as more than 40 exploration licences on non-mantel mines including gold have been issued to private companies. The confirmation of gold mine extraction was made after the novel coronavirus (COVID-19) pandemic has shutdown businesses and made other investment […]
Read MorePublicly listed tire manufacturer PT Goodyear Indonesia has temporarily shut down its production activity to comply with the large-scale social restriction (PSBB) measures to curb the spread of the COVID-19 pandemic. The publicly listed firm halted its production on April 20 until May 3 in a bid to comply with the recent PSBB policy applied […]
Read MoreIntracorp (B) Sdn Bhd, in light of preventive measures against Covid-19, while encouraging customers to explore off-store purchase avenues has also implemented strict hygiene and social distancing measures at all stores. Intracorp also strengthened its logistics team to cope with the higher demand of deliveries. Intracorp’s hygienic, service standards and professionalism has always been endorsed […]
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Thailand
