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KUALA LUMPUR: Malaysia's central bank is expected to cut key interest rates to historic lows on Wednesday, according to a Reuters poll, after surging coronavirus infections led the government to impose fresh lockdowns, further curbing economic activity.
HONG KONG (AFP): Asian markets mostly enjoyed fresh gains Thursday (Jan 14) as investors await Joe Biden's proposals for a vast new stimulus as well as comments from the head of the Federal Reserve on its policy outlook.
SEOUL: South Korea lost the most jobs in two decades and the unemployment rate hit a 10-year high as the country’s worst coronavirus outbreak yet forced businesses to slash hiring.
PETALING JAYA: It is proactive measures and not subsidies that will stimulate the economy as the recovery of the economy is already waning, say economists.
BANGKOK, Jan 12 (Bloomberg): Thailand unveiled stimulus programmes including cash handouts worth 210 billion baht (US$7 billion) to support millions of individuals and businesses affected by the country’s biggest wave of coronavirus infections since the pandemic began a year ago.
HONG KONG (AFP): Asian markets fluctuated Tuesday (Jan 12) as hopes for the rollout of coronavirus vaccines and a new stimulus out of Washington competed with fears over surging infections, new lockdowns and brewing political and social unrest in the United States.
Thailand: Govt working on handout scheme for those hit hard by second Covid-19 wave; cases still high on Tuesday Jan 11
BANGKOK, Jan 11 (The Nation Thailand/ANN): The Ministry of Finance is planning to propose to the Cabinet a handout scheme tailored for specific groups who have been affected by the new wave of Covid-19, a source revealed.
KUALA LUMPUR: Malaysia's economy is projected to grow by 6% this year, ranking second highest in Asean after the Philippines, said Credit Suisse.
SEOUL (Reuters) - When Ryu Han-na, a 20-year-old university student, got cosmetic surgery on her nose in mid-December, she had a simple reason: it might be the last chance to do so covertly before people start taking off masks this year as vaccines are distributed.