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BEIJING: China's services sector activity expanded at a slower pace in December, a private sector survey showed on Wednesday, as sporadic coronavirus outbreaks tempered the recovery in consumer confidence and weighed on new business growth.
IT has been just over a year since Lee Chi-beom took up his posting as South Korea’s Ambassador to Malaysia.
SINGAPORE: Whether it’s chartering a private jet for a flight to nowhere or hiring a luxury yacht, some in Singapore are going to extraordinary lengths to cure the cabin fever that’s set in as a result of the Covid-19 pandemic.
SINGAPORE: Singapore's tourism sector is facing an existential crisis, its tourism board chief said on Wednesday, laying out plans to boost local demand after a collapse in visitor arrivals due to Covid-19 travel restrictions.
PETALING JAYA: The reopening of Resorts World Genting (RWG) last week will sustain Genting Malaysia Bhd’s (GeNM) present valuations, despite a deliberate slow ramp-up
OIL rose above US$34 a barrel following a prediction from Russia that the market may rebalance as early as next month after historic output cuts from global producers to drain a glut.
SYDNEY: Australia will suffer its biggest economic contraction since the 1930s in the first half of 2020 due to coronavirus-driven mobility restrictions, the central banker governor said on Tuesday.
SINGAPORE: Singapore will unveil additional support for businesses and households today, less than two weeks after announcing a S$48bil (RM145.4bil) stimulus package to buffer the impact of the coronavirus (Covid-19).
PETALING JAYA: Total vehicle sales could plunge 20% this year, as the Covid-19 crisis wreaks havoc on the auto industry.
KUALA LUMPUR: Malaysia’s economy is set to grow at its slowest pace since the 2009 financial crisis as it struggles with a trio of troubles: coronavirus, oil-price crash and political upheaval.