Economy

As coronavirus threats rise, Malaysia set for ‘slow’ U-shaped recoveryAs coronavirus threats rise, Malaysia set for ‘slow’ U-shaped recovery

As coronavirus threats rise, Malaysia set for ‘slow’ U-shaped recovery

KUALA LUMPUR - According to Trade Minister Azmin Ali, Malaysia's economic rebound will likely be more U-shaped than V, dampened…

November 20, 2020
Philippines government says ‘worst is over’Philippines government says ‘worst is over’

Philippines government says ‘worst is over’

The Philippine economy shrank more than what was expected annually in the third quarter due to the COVID-19 pandemic, based…

November 10, 2020
Rohani: Sawarak not sidelined in Budget 2021Rohani: Sawarak not sidelined in Budget 2021

Rohani: Sawarak not sidelined in Budget 2021

KUALA LUMPUR - The Budget 2021 tabled last week did not sidelined Sarawak, rather helped the state to become developed…

November 9, 2020
Jokowi Emphasize the Role of Job Creation Law on Structural Reforms of MSMEsJokowi Emphasize the Role of Job Creation Law on Structural Reforms of MSMEs

Jokowi Emphasize the Role of Job Creation Law on Structural Reforms of MSMEs

For President Joko Widodo (Jokowi), the Job Creation Law would usher in systemic reform of MSMEs to streamline the way…

October 26, 2020
Negative economic growth of 5.32 percent; Jokowi wants to combine SOEs with aviation and tourismNegative economic growth of 5.32 percent; Jokowi wants to combine SOEs with aviation and tourism

Negative economic growth of 5.32 percent; Jokowi wants to combine SOEs with aviation and tourism

In the quarter II-2020, Indonesia's economic growth contracted or -5.32% compared to the previous quarter II-2019 (year on year). Meanwhile,…

August 6, 2020
Level up, World Bank raises Indonesia’s status to upper-middle income countryLevel up, World Bank raises Indonesia’s status to upper-middle income country

Level up, World Bank raises Indonesia’s status to upper-middle income country

The World Bank has raised the status of Indonesia from a middle-income country to an upper-middle income country. The increase…

July 2, 2020
Laos Pushes Ahead Luang Prabang Dam on Mekong RiverLaos Pushes Ahead Luang Prabang Dam on Mekong River

Laos Pushes Ahead Luang Prabang Dam on Mekong River

Laos is pushing ahead with the Luang Prabang dam hydropower project on the Mekong River, despite reservations aired by neighbouring…

July 2, 2020
Nightlife Venues Reopen in Thailand Despite Foreign Tourists BanNightlife Venues Reopen in Thailand Despite Foreign Tourists Ban

Nightlife Venues Reopen in Thailand Despite Foreign Tourists Ban

All nightlife venues in Thailand, bars and entertainment venues, including wet massage parlous, will open their doors again on Wednesday.…

June 30, 2020
Thailand’s Government to Lifts Curfew, More Businesses ReopenThailand’s Government to Lifts Curfew, More Businesses Reopen

Thailand’s Government to Lifts Curfew, More Businesses Reopen

The Government of Prayut Chan-o-cha in Thailand has said it will lift the night curfew, imposed nationwide effective on June…

June 13, 2020
Thai Airways Busy Protecting its Aircraft from Being SeizedThai Airways Busy Protecting its Aircraft from Being Seized

Thai Airways Busy Protecting its Aircraft from Being Seized

Thai Airways International (THAI) has petitioned courts in three countries to in efforts protects its aircraft from being seized by…

June 10, 2020