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JAKARTA (The Jakarta Post/ANN): The Indonesian economy will remain under pressure this year and its recession is likely continue into the first quarter, economists have said, because of persistently rising Covid-19 cases, which have depressed economic activity and limited consumption.
THE main release this week will be the gross domestic product (GDP) data for the fourth quarter of 2020 (Q4’20). Bank Negara is expected to release the data on Thursday.
AMID reports of high numbers of Covid-19 clusters at workplaces, can the pace of exports be sustained?
KUALA LUMPUR (Bernama) -- Malaysian Rating Corporation Bhd (MARC) expects Malaysia's real gross domestic product (GDP) growth to rebound to 5.6% year-on-year (y-o-y) in 2021 as the Movement Control Order (MCO) 2.0 is less stringent than its previous iteration.
KUALA LUMPUR: The ringgit opened marginally higher against the US dollar on Thursday, supported by higher oil prices, with benchmark Brent crude nearing US$60 per barrel, said an analyst.
JAKARTA (The Jakarta Post/ANN): Indonesia’s manufacturing activity rose to its highest level since July 2014, as the sector continued its gradual recovery from the pandemic-induced downturn for four consecutive months, although domestic demand is expected to remain slow and extended restrictions still pose risks going forward.