Asean vaccine project dibangun di negara

However, the central bank noted that progress will be uneven and shaped by several factors including the Covid-19 pandemic and vaccine rollout, the extent of external spillovers, sector-specific developments and the degree of improvement in labour market conditions. "Malaysia’s integration in fast growing segments of global value chains and diversified external trade structures, along with continued policy support and its effective execution would be the key factors in driving the rebound in economic growth in 2021," said Bank Negara governor Nur Shamsiah Yunus in her forward to the Economic and Monetary Review 2020 report. Bank Negara noted that despite the tightening of containment measures at the start of the year, the overall impact for the year will be less than in 2020 due to fewer restrictions and a more targeted approach in containing the pandemic. Domestic demand is expected to be the key driver for growth in 2021 with private consumption projected to rebound 8% due to a ... » Learn More about Economy to rebound 6% to 7.5% in 2021, says Bank Negara

Two issues will be critically important for ASEAN members to shape their recovery from the COVID-19 pandemic: strengthening regional cooperation and improving domestic resource mobilization. First is the need to leverage stronger regional cooperation to enhance regional financial safety nets, deepen regional trade and supply chains, and build regional health security. US interest rate hikes often drive capital outflows from emerging markets, which can trigger currency and financial volatility. At this stage of the pandemic, the additional policy supports and accelerated vaccine rollouts in advanced economies have improved their near-term recovery prospects. These economies could start policy normalization earlier than expected. Long-term interest rates in some advanced economies have already risen on positive outlooks and inflation concerns, rattling global financial markets. A return to more normal interest rates could trigger another “taper tantrum” among Asia’s emerging ... » Learn More about Supporting a strong, inclusive, and sustainable recovery in ASEAN

Chinese Foreign Minister Wang Yi is holding talks with his counterparts from four Southeast Asian nations for three days through Friday, apparently aiming to boost cooperation with them to counter the United States. China seeks to join hands to deal with the novel coronavirus pandemic and the Myanmar crisis with the Association of Southeast Asian Nations, some of whose 10 members have enhanced economic relations with Beijing but depend on Washington in security terms. On Wednesday, Wang told his Singaporean counterpart Vivian Balakrishnan that China "supports ASEAN to uphold the principles of non-interference in internal affairs and help end chaos and resume stability in Myanmar," according to the Foreign Ministry. During their meeting in China's Fujian Province, Wang was also quoted by the ministry as telling Balakrishnan that the two countries should work together to oppose "vaccine nationalism," calling for joint efforts to upgrade the level of China-ASEAN ties. Wang's ... » Learn More about China’s foreign minister tries to deepen ASEAN ties to counter US

Malaysia: LHDN files bankruptcy notice against Najib for failing to pay RM1.69bil in income tax Covid-19: 1,300 new cases, five fatalities bring death toll to 1,300 Malaysia to proceed with AstraZeneca vaccine, says Health Minister GPS welcomes Perikatan's offer to help in the coming Sarawak polls Sri Lanka palm oil ban won't affect Malaysia's commodity market MACC busts counterfeit work permit syndicate which hacked into Immigration systems RM3.5mil cash found in ‘project cartel' Datuk's house, luxury yacht, two helicopters and assets seized Number of road fatalities went down by over 25% in 2020 Najib's lawyer chided for describing SRC trial judge as 'hopelessly incompetent' Singapore: Singapore to have five long public holiday weekends in 2022, amid hopes travel can resume; 24 new Covid-19 cases on Tuesday (April 6) Singapore warns public against crypto as world warms to Bitcoin Can Singapore’s office rents outprice Hong Kong as Alibaba, ByteDance, ... » Learn More about Asean News Headlines as at 9pm on Tuesday (April 6)

Malaysia: Umno supreme council has mandate to withdraw support for Perikatan govt, says Zahid Health Ministry: Three new Covid-19 clusters identified Sunday (March 28) Dr Shamsul ready to quit as Cabinet minister if asked to do so by Umno Covid-19: More than 500,000 vaccinated as of Saturday (March 27), says Health Minister Lam Thye: Govt should address vaccine hesitancy issue effectively to ensure herd immunity Umno ministers must resign from Cabinet after party's decision to cut ties with Bersatu, says Ku Li Umno to stick with Barisan in next GE, says Zahid Umno remains largest party in the country, says Ahmad Maslan Singapore: PSI hits unhealthy level with high concentration of ozone in northern Singapore as 12 imported Coivd-19 cases reported Singapore: Former Big Splash site converted into new family-friendly destination with water play areas Singapore's Temasek sees impact investing at tipping point From Singapore to Buenos Aires - Cities worldwide ... » Learn More about Asean News Headlines as at 7pm on Sunday (March 28)

The Asean+3 Macroeconomic Research Office (AMRO) has slashed its 2021 growth forecast for the Philippine economy, noting it will not likely recover until the coronavirus disease 2019 (Covid-19) pandemic is under control. Asean is the Association of Southeast Asian Nations. AMRO said in its report titled “Asean+3 Regional Economic Outlook (AREO) 2021” that the Philippine economy will grow by 6.9 percent this year, down from the 7.4-percent earlier forecast. AMRO’s latest projection settles within the government’s 6.5 to 7.5 percent growth projection for this year. If correct, it would also be a turnaround from the 9.5-percent contraction last year. “The Philippines was hard-hit in 2020, it’s a domestic demand and services driven economy so it was heavily disrupted from the lockdown measures last year. And what we saw was with easing of measures, remittances still flowing in, (and) policy support, the economy has started to rebound,” said AREO lead author and economist Anne ... » Learn More about Asean unit trims 2021 Philippine growth forecast

Malaysia: Benefits of AstraZeneca vaccine outweigh adverse effects, says Health DG Covid-19: 1,349 new cases, two fatalities bring death toll to 1,288 Covid-19: Malaysia to review use of AstraZeneca vaccine, says Khairy Bursa Malaysia likely to hit 1,600-level next week on rising commodity prices IGP to Nur Sajat: Come out, come out wherever you are Covid-19: 279,023 people have been fully vaccinated, says Health Minister Covid-19: Registration far below target Singapore: It just keeps getting for Singapore! Only 10 new Covid-19 cases in the Republic, all imported Vehicle fires in Singapore dip to decade low; incidents usually due to overheating, electrical faults Pedestrianisation trials in Singapore heartland spark debate Online Hari Raya bazaars to stay for now in Singapore Singapore's Digital Edge announces plans to expand platform footprint in South Korea SIA flights barred from HK Indonesia: Indonesia's Covid-19 total goes above 1.534 ... » Learn More about Asean News Headlines as at 7pm on Sunday (April 4)

With vaccines on the horizon and the first green shoots of economic recovery already starting to show across Asia, Indonesia’s future is looking brighter than it has for months, but if we must be proactive if we are to make the most of the opportunities that are appearing to return to sustainable growth. Indonesia has traditionally relied on consumption to drive its economic growth, but if we are to turbocharge our recovery we need to boost trade and investment by reducing costs, barriers and bottlenecks. Although COVID has been brutal, the Indonesian economy has been less scarred than many of our more tourism-dependent neighbors and with the right policies can be expected to bounce back strongly as the recovery spreads regionally and globally. The government has made a strong start. Last year, Indonesia signed the Regional Comprehensive Economic Partnership agreement, and more recently the switch from a ‘negative list’ of industries which are barred to foreign investors to a ... » Learn More about Trade, infrastructure and investment key to ASEAN’s economic resilience

Business and tourism representatives are expressing growing anger over the slow pace of Thailand’s vaccine rollout and the limited number of vaccines on offer. Their frustration comes as other countries around the world begin to see encouraging results from their vaccination efforts. And, while the latest rise in Covid-19 infections can be partly attributed to the presence of the so-called UK variant, businesses say the biggest factor is the government’s failure to vaccinate people sooner. The Bangkok Post reports that, by April 7, only 323,989 vaccine doses had been administered in Thailand. That equates to half a dose per 100 people. A University of Oxford project – Our World in Data – shows that only 0.4% of the Thai population has been vaccinated so far. Thailand is in 8th position among the ASEAN nations, behind Laos, Myanmar, the Philippines, Cambodia, Malaysia, Indonesia, and Singapore. Israel leads worldwide, having administered 114 doses per 100 people, with 59% of the ... » Learn More about Thai businesses frustrated over limited choice of vaccines, slow pace of rollout

IS there still a chance for economic relief this year with a disturbing second surge in new Covid-19 cases and still high unemployment due to last year’s lockdown? Top business and government leaders say there are good reasons for us in the Philippines to be hopeful. Why? To tackle the questions, a candid Zoom dialogue was held on March 9 at the Pandesal Forum of the 82-year-old Kamuning Bakery Café by Cabinet Secretary Karlo Alexei Nograles, co-chairman of the Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF-EID); Sergio Ortiz-Luis Jr., president of the Employers Confederation of the Philippines (ECOP); Dr. Henry Lim Bon Liong, president of the Federation of Filipino Chinese Chambers of Commerce and Industry Inc. (FFCCCII); FFCCCII Vice Presidents Cecilio Pedro and Victor Lim; and UP College of Medicine professor Philip Niño Tan Gatue. I was invited to the occasion and would have loved to participate, knowing that Pandesal Forum events are top of ... » Learn More about Of masks, China vaccines and stimulus needed to revive battered PH economy