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Here’s A Glimpse of Reality of Stagflation Issue that is Feared to Happen in Philippines

By Jasmine C.
February 7, 2021
in :  Economy, Philippines
0
105
Philippines

It’s a big question if a poor mix of economic meltdown, massive unemployment, and spiking inflation in the Philippines are happening at the same time now? But Bangko Sentral ng Pilipinas wants to share that they don’t think and believe that way. In view of this, after a state statistician announced that price rises soared beyond forecasts in January, concerns …

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Trade in Malaysia is anticipated to rebound in 2021, investment banks say.

By Katherine S
February 2, 2021
in :  Economy, Malaysia
0
96
Malaysia

KUALA LUMPUR— Malaysia’s trade, backed by a recovery in global demand, especially for agricultural and manufactured goods, is expected to recover in 2021 as Covid-19 threats recede following a massive global vaccination program. Public Investment Bank Bhd (PIVB) said in its Economic Update today that, in the midst of a pandemic that increased demand for devices such as computers and …

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Indonesia is Focused in Boosting the Economic Growth More than Ever Before

By Noto
February 2, 2021
in :  Economy, Indonesia
0
105
pandemic

In addition to triggering serious public health issues, the current COVID-19 pandemic has also devastated the economies of numerous countries, including Indonesia, leading to tight limits on public travel and activities. Because of the pandemic, the Indonesian economy shrank 5.32 percent in the second quarter and 3.49 percent in the third quarter of 2020. The Task Force for COVID-19 Handling …

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Surprise: BSP is Ready to Extend Help for the National Government in Fighting Against COVID-19

By Jasmine C.
January 15, 2021
in :  Economy, Philippines
0
82
pandemic

Surprisingly, Bangko Sentral ng Pilipinas officially announced that there will be an extra P280 billion that can still be lent from monetary authorities by the government to raise its combat against the pandemic The BSP Governor Benjamin Diokno shared in a virtual press briefing that Republic Act 11494 or the Bayanihan to Recover as One Act (Bayanihan 2) granted the …

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During MCO, emergency capital markets will remain open, says Tengku Zafrulul.

By Katherine S
January 13, 2021
in :  Economy, Malaysia
0
107
Tengku

PETALING JAYA: Considering the new Movement Control Orders (MCO) and the state of emergency, which was declared today, the country’s economic recovery from the Covid-19 pandemic will not be affected. Finance Minister Tengku Zafrul Aziz said this was because, with fundraising, trade, and investment activities continuing as normal and with all regulatory functions in place, capital markets will stay open. …

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Malaysia’s demand for storage declines amid uncertainty

By Katherine S
January 9, 2021
in :  Economy, Malaysia
0
117
storagemarket

In a new survey, the technology analyst firm said that by the end of 2020, Malaysia’s enterprise storage market size had reached $641 million, down by around 20 percent from what was expected before the pandemic. The technology analyst firm said in a recent survey that Malaysia’s enterprise storage market size had reached $641 million by the end of 2020, …

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Tengku Zafrul: Malaysia did not hesitate to extend its economic recovery tax position

By Katherine S
January 9, 2021
in :  Economy, Malaysia
0
96
Tengku

KUALA LUMPUR- In the short term, Malaysia did not hesitate to extend its fiscal stance to support counter-cyclical economic recovery packages and RM322.5 billion in the nation’s largest national budget for 2021. Even though it was Malaysia’s largest budget ever, Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz said it was thought about with a simple fiscal consolidation strategy to, …

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A Surprising Economic Growth is Awaiting for Thailand Amidst the Pandemic

By Burapha
January 9, 2021
in :  Economy, Thailand
0
91
economic

 Entering the new year isn’t easy for every nation around the world and it’s the same with Thailand given the economic hardship caused by COVID-19, as many as 96 percent of foreign direct investors operating experienced unprecedented situations last year. However, this year, they are surprisingly confident in the potential of the country and have plans to increase or at …

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Containing Covid-19 should remain the top priority for Malaysia, the World Bank says

By Katherine S
December 22, 2020
in :  Economy, Malaysia
0
128
control

KUALA LUMPUR: The control of the Covid-19 pandemic and the security of the most vulnerable in society, while Malaysia is on the road to economic recovery, must remain the country’s top priorities in the near term. Senior economist Shakira Teh Sharifuddin of the World Bank Group said Malaysia is expected to rise by 6.7 percent in 2021, which could be …

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The Undeniable Partnership of Two Nation to Make the Economy Stronger

By Noto
December 18, 2020
in :  Economy, Indonesia
0
184
IKCEPA

In order to strengthen the economy, The Indonesian-South Korean Comprehensive Economic Partnership Agreement (IK-CEPA) was signed in Seoul by Indonesian Trade Minister Agus Suparmanto and South Korean Trade, Industry, and Energy Minister Sung Yun-mo. The partnership happened during the COVID-19 pandemic only shows the willingness of both nations to jointly forge trade ties in the light of the global economic …

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ProtonWira

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