GDP in the spotlight MALAYSIA’S gross domestic product (GDP) report for the second quarter will shed some light on the damage the Covid-19 pandemic has inflicted on the country’s economy. Bank Negara is expected to announce the second quarter GDP on Friday. ING senior Asia economist Prakash Sakpal forecasts an 8.3% year-on-year contraction – the […]
Read MoreSingaporean business and investment in Vietnam has increased significantly over the decades, thus greatly contributing to strengthening economic bilateral ties. Jeffrey Wandly, vice president of the Singapore Business Association in Vietnam, talked about new Singaporean moves and how legal improvements reinforce the trend. A number of foreign investors have made a shift towards Vietnam. Have […]
Read More[SINGAPORE] Singapore is seeking to open the door to a wider range of business and leisure visitors to boost its hard-hit tourism sector, with the return of mass travel still a long way off amid the pandemic, according to the head of the country’s tourism agency. The industry expects more job losses in the coming […]
Read MoreSINGAPORE retailers saw till takings slide again in June, after the end of a two-month “circuit breaker” in April and May, despite looser coronavirus restrictions part-way through the month. The transition to Phase Two of a three-stage reopening on June 19 could not stave off a 27.8 per cent year-on-year drop in retail sales, the […]
Read MoreDESPITE challenges posed by the Covid-19 pandemic, Singapore-listed companies charted a new record in governance and transparency this year. The Singapore Governance and Transparency Index (SGTI) 2020 surged to an all-time high score of 67.9 points, compared with 59.3 last year. The increase means that companies fared better in corporate governance disclosures compared to 2019. […]
Read MoreSINGAPORE – Manufacturing activity made a surprise jump into expansion territory in July after five straight months of contraction amid the coronavirus-induced slump. However, the outlook for the rest of the year remains uncertain amid a resurgence in infections in several major economies, prompting re-imposition of some lockdown measures. The Purchasing Managers’ Index (PMI) rose […]
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Thailand
