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German stimulus measures boost retail sales
BERLIN: German retail sales rose much more than expected in August, data showed on Wednesday, raising hopes that household spending in Europe’s largest economy will power a strong recovery in the third quarter from the coronavirus shock.
Thai ministry says economy may contract less than projected
BANGKOK, Sept. 29 (Xinhua) -- Thailand's Finance Ministry said on Tuesday that with numerous stimulus measures rolled out by the government, the Thai economy is likely to shrink less than the 8.5 percent projected earlier this year.
Thailand’s fiscal struggle weighs on outlook
BANGKOK: Fiscal policy is back in focus in Thailand as the central bank runs out of conventional monetary policy space to spur the economy.
Thumbs-up for RM10bil Kita Prihatin package
JOHOR BARU: The public and business groups are happy with the government’s decision to introduce more initiatives to help them cope following the Covid-19 pandemic affecting their lives.
The week that was - Shahril to retire
Tan Sri Shahril Shamsuddin, the president and CEO of Sapura Energy Bhd is retiring in March next year and will be replaced by Datuk Mohd Annuar Taib, the oil and gas company said on Monday.
Shoppers return but Hong Kong retail and F&B sectors yet to recover
HONG KONG (The Straits Times/ANN): Hongkongers have gone on a spending spree after two months of being cooped up at home, although it's not clear if this will be enough of a lifeline to the city's retail, and food and beverage (F&B) sectors, which remain among the worst hit by the Covid-19 pandemic.
Thailand sees economy shrinking less than forecast
Country banks on cash handouts to pandemic-hit citizens