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Here's a look at the news highlights from Asean countries in the Star-AseanPlus section for Tuesday (May 11)
(Reuters) - Wall Street's main indexes tumbled on Tuesday, with the Nasdaq opening down 2% before steadying a bit, as technology-related stocks with lofty valuations extended losses amid worries over inflation.
FDI net inflows into Philippines drop 2.2% year-on-year in February as Covid-19 total hits 1,113,547
Foreign direct investment (FDI) net inflows into the Philippines has reached US$608 million in February, 2.2 per cent lower than the amount recorded in the same period last year, the Philippine central bank said on Tuesday.
The Philippine economy shrank in the first three months of the year as coronavirus restrictions suppressed activity, but a top official said there were signs the country was "on the mend".
Moody’s Investors Service has changed the outlook for the global airline industry to positive from negative as it expects widespread travel to pick up in the second half of this year and accelerate through next year.
The firmer economic performance was supported by the expansion in manufacturing sector and the rebound in the agriculture sector.
Coronavirus: quarantine extended to 21 days for Hongkongers visiting Shenzhen, following emergence of mutated strains
Tightening of Covid-19 rules by Guangdong authorities effectively ends hopes of the border reopening with mainland China in the short termSeven-day extension to mandatory quarantine came into force on Thursday
THE day after tomorrow is Hari Raya Aidilfitri, the most joyous occasion after fasting during the holy month of Ramadan.
HANOI: Leading economists have an optimistic growth outlook for Vietnam in 2021 despite the Covid-19 pandemic.