As expected, Malaysia’s economy posted a sharp turnaround in the second quarter of 2021 (2Q21) after four consecutive quarters of contraction but Malaysian Rating Corporation Bhd (MARC) opines that the country is still far from a full recovery.
The Republic stands to gain from the new opportunities offered by the worldwide shifts caused or accelerated by the coronavirus pandemic, said Minister for Trade and Industry Gan Kim Yong on Friday (Aug 27).
The government has carried out a host of sweeping economic reforms amid Covid-19 to achieve sustainable and inclusive economic growth in the long run, and remains fully determined to turn the crisis into a major catalyst for growth during and after the pandemic to build a stronger socio-economic system that is resilient to future crises.
Indonesia's economy clocked 7.07 percent year-on-year growth in the second quarter of 2021, surpassing Vietnam and South Korea, Coordinating Minister for Economic Affairs, Airlangga Hartarto, has said.
The 18th China-ASEAN Expo (CAEXPO), with the theme “Sharing the New International Land-Sea Trade Corridor, Jointly Building the China-ASEAN Community with a Shared Future”, will be held online and on-site in Nanning, China, from September 10 to 13.
Harvest season is always a tense time for Cambodian longan farmer Oeum Raksa, but this year the 31-year-old is particularly nervous.
Malaysia leads growth downgrades by economists across South-east Asia as the Delta variant forces countries to reimpose pandemic restrictions.
Strong economic recovery, which is expected post-pandemic, and rapid growth of e-commerce will likely result in a significant surge in road freight for Việt Nam and other ASEAN economies, said logistics experts.