Sunday, September 26, 2021
Asian equities were in green on Monday if one can ignore covid woes in key regional areas mainly in India, Indonesia and the Philippines. In doing so, the broader sentiment follows Wall Street's gain after the US economics stay firm following the faster jabbing in the West. Though, Europe's...
Indonesia has made coronavirus vaccination for citizens compulsory and is set to allow the private sector to help inoculate the population to reach herd immunity faster. A regulation amended earlier this week now means people who are eligible for vaccination but refuse a jab can be penalised. Sanctions could involve fines,...
As the COVID-19 vaccination program rolls on, many employers will have a strong case for requiring employee vaccinations. Currently, countries that have COVID-19 vaccination programs are on a voluntary basis - that is, countries cannot compel their citizens to be vaccinated. They can only 'strongly encourage' them. But can employers...
Popular bars across Asia are facing some tough times during the Covid-19 pandemic. Lockdowns and restrictions that have been instated by governments are squeezing alcohol sellers. Fewer drinkers, changing consumer tastes, tightening restrictions on alcohol and the pandemic is a sober reality for the industry. But companies have the chance...
Agriculture remains as a key part of the Malaysia’s economy and export output. Thanks to the Covid-19 pandemic which has plagued the majority of 2020, the adoption of more efficient technology has been at the forefront of the sector. As such, the agriculture and plantation sector is expected to...
China's public and private sectors are set to spend 10.6 trillion yuan (US$1.6 trillion) through 2025 to develop next-generation infrastructure, including the 5G network and electric-vehicle charging stations. This is especially important for the economic juggernaut as trade friction with the US looks likely to continue despite the change...
E-commerce platform, Lazada Malaysia, has channelled approximately RM44 million with the goal of helping more than 70,000 SMEs through its second stimulus package; dubbed Pakej Kedai Pintar 2.0. Lazada’s first stimulus package was implemented in April 2020, contributing RM10 million to help up to 50,000 SMEs. This new package is...

APAC on the Road to Recovery

The economic situation in Asia Pacific (APAC) is expected to improve greatly this year, supported by the gradual recovery of economic activities, given the early containment of the pandemic in several Asian economies, said Moody’s Investors Service. With the region being relatively close to ground-zero for the coronavirus, neighbouring...
Malaysian Prime Minister Muhyiddin Yassin has just announced a new economic aid package worth up to RM15 billion (US$3.7 billion) on 18 January in an effort to mitigate the effects of a resurgent Covid-19 pandemic. The package was revealed in a televised address and is known as PERMAI, or the...
Despite all the hardships and logistical cartwheels that were caused by the Covid-19 pandemic, China’s economy grew at a faster than expected pace in the fourth quarter of 2020, ending a rough coronavirus-stricken 2020 in remarkably good shape and remained solidly poised to expand further this year. The country’s GDP...

The Return of MCO

Many people’s worst fears have come true as Malaysia’s Prime Minister Muhyiddin Yassin announced the reinstatement of the movement control order (MCO) lockdown measures. Fortunately, this reinstatement only covers select states and federal territories that have experienced the worst of the resurgent Covid-19 outbreak. The remaining states will continue...
The Covid-19 pandemic brought with it economic ruin; and in turn, businesses began taking a more cautious approach, resulting in a slowing economy and stagnant growth. During such a poor economic climate, most might say it is insanity to try and expand, especially if you are an SME that...

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