First, it looked like Vietnam was having a good U.S.-China trade war, quietly grabbing much of the factory business fleeing the mainland’s shaky economy. Now it seems to be escaping the worst of…
Economy
Malaysia criticises WHO’s advice against palm oil during coronavirus
Malaysia criticised the World Health Organisation on Monday for advising adults to avoid palm oil in their diet during the COVID-19 outbreak and use alternatives such as olive oil. The WHO Eastern Med…
Asean Today – April 2020
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Economist: Strong, productive workforce key to Malaysia’s economic resilience
The Malaysian economy has the resiliency to bounce back from the current situation due to its strong and productive labour force, an economist said. Juwai IQI chief economist Shan Saeed said the gover…
The Great Wall against China: Understanding India’s new foreign investment rules
The finance ministry on Wednesday notified changes in FDI (Foreign Direct Investment) rules which mandate “prior approval” from the Centre for foreign investments from countries “tha…
ADB: Pandemic need not turn into economic meltdown
THE Asian Development Bank (ADB) believes countries should act fast in responding to the coronavirus 2019 (Covid-19) pandemic to prevent further deterioration of the economy. In an Asian Development B…
Talking heads: A U-shaped global growth recovery?
GERALD AMBROSE, COUNTRY HEAD – ABERDEEN STANDARD INVESTMENTS MALAYSIA, ABERDEEN STANDARD INVESTMENTS Where are you seeing exciting investment opportunities in Malaysia, and how are you positioning you…
Government eyes ‘rolling restart’ of economy
The government is looking at the possibility of a “rolling restart” and “rolling reopening” schemes for the selective and gradual lifting of the Luzon-wide enhanced community quarantine after April 30…
White House Targeting 9 States to Start Reopening US Economy
The White House is targeting nine U.S. states that have recorded the fewest number of confirmed coronavirus cases to be among the first to reopen their economies. Dr. Deborah Birx, the White House vir…
Rebound Predicted For Malaysia Stock Market
The Malaysia stock market snapped the two-day winning streak in which it had collected more than 30 points or 2.2 percent. The Kuala Lumpur Composite Index remains just above the 1,385-point plateau a…