Vietnam will slow global supply chains despite lockdown lifting
No respite for Nike and Samsung as Vietnam supply chain issues set to continue despite Covid measures easing. Read more...
Source: capital.com
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The Week Ahead - IPI figures, Singapore GDP, China inflation, FOMC meeting
THE industrial production index (IPI) and manufacturing sales for August 2021 are the main focus during this relatively light week for economic data.
Source: thestar.com.my
UOB: Malaysia's labour market to gain further momentum in 2021 and 2022
Malaysia’s labour market recovery is projected to gain further momentum in the remaining months of 2021 and into 2022 as more businesses resuming operations at a greater capacity since mid-August. United Overseas Bank Ltd (UOB) said the country’s economy has gradually recovered from the impact of full lockdown since the economic and social activities reopening in mid-August, boosting hiring and resulting in the unemployment rate dropping to 4.6% in August from 4.8% in July
Source: theedgemarkets.com
Malaysia's stockmarket sliding down a slippery slope
An explosion of Covid-19 cases, strict lockdowns and political gridlock has made this a difficult year for Malaysia. And now, investors are pulling out of Malaysian stockmarkets.
Source: moneyweek.com
S&P Global Ratings lowers its Thailand growth forecast as Covid wreaks havoc in Southeast Asia
S&P Global Ratings has lowered its 2021 growth forecast for Thailand to 1.1 per cent from June’s forecast of 2.8 per cent, saying that emerging Southeast Asian economies are facing intense headwinds from persistent Covid-19 pandemic waves.
Source: nationthailand.com