Archive for April 16th, 2020

Meeting called off over discrepancy

16-Apr-2020 Intellasia | BangkokPost | 6:02 AM

A planned cash handout to assist farmers has been delayed after a meeting chaired by Finance minister Uttama Savanayana to discuss the issue yesterday was cancelled because [...] » More

Fitch Rates Thailand-based PTT’s New Debenture Programme ‘AAA(tha)’

16-Apr-2020 Intellasia | FitchRatings | 6:02 AM

Fitch Ratings (Thailand) has assigned PTT Public Company Limited’s (BBB+/AAA(tha)/Stable) upcoming THB44 billion medium-term debenture programme a National Long-Term [...] » More

Mass-testing vs contact tracing in Thailand

16-Apr-2020 Intellasia | TheThaiger | 6:02 AM

Yesterday, the Thai government announced that contact tracing (identification of high risk personnel) is the most valid and effective method for battling the Covid-19 [...] » More

TBA puts losses from coronavirus at B1.3tn

16-Apr-2020 Intellasia | BangkokPost | 6:02 AM

The economy could suffer a record blow of 1.3 trillion baht in damage from the spiralling spread of the coronavirus, according to preliminary estimates by the Thai [...] » More

FTAs boost 2020 rubber shipments

16-Apr-2020 Intellasia | BangkokPost | 6:02 AM

Thailand is maintaining exports of rubber products and processed rubber as global demand surges, particularly for rubber products relating to virus protection such as rubber [...] » More

Covid-19 ceasefire unlikely to hasten peace in Thailand’s south

16-Apr-2020 Intellasia | LowyInstitute | 6:02 AM

The main insurgent group in Thailand’s south is stopping attacks to allow a stronger response to Covid-19 in the area. But it’s unlikely to bring political [...] » More

Govt, House agree to reschedule 2020 regional elections’ voting day to December 9

16-Apr-2020 Intellasia | JakartaPost | 6:02 AM

The government and the House of Representatives have agreed to reschedule the voting day for this year’s simultaneous regional elections to December 9 from its initial [...] » More

Indonesia overtakes Japan as virus upends aviation pecking order

16-Apr-2020 Intellasia | Bloomberg | 6:02 AM

Indonesia has overtaken Japan to become the world’s third-biggest aviation market as airlines continue to slash passenger capacity because of the Covid-19 (coronavirus) [...] » More

Indonesia’s wheat imports expected to decline

16-Apr-2020 Intellasia | WorldGrain | 6:02 AM

Indonesia’s wheat imports are expected to decline in 2019-20 due to weaker demand as a result of the ongoing coronavirus (COVID-19) pandemic, according to an April 13 [...] » More

Indonesia seen cutting rates again amid pandemic

16-Apr-2020 Intellasia | Bloomberg | 6:02 AM

Indonesia’s central bank on Tuesday (April 14) said it is expected to lower borrowing costs for a third straight month as policy makers take unprecedented steps to [...] » More

Covid-19-positive non-Muslim funeral rites monitored by health officials, says Johor exco

16-Apr-2020 Intellasia | Malay Mail | 6:02 AM

The Johor government assured the public that the handling of Covid-19-positive non-Muslim remains for funeral rites is safe as it follows the guidelines that have been set. [...] » More

Malaysia’s retail growth dip in April 2020 expected to be lowest in history, contracting 60.7pct due to MCO, early estimates show

16-Apr-2020 Intellasia | TheedgeMarkets | 6:02 AM

Malaysia’s retail growth in April 2020 is expected to plunge by 60.7 percent compared to a year ago, due to the extended Movement Control Order (MCO) until April 28, [...] » More

This Malaysian stock jumped 800pct by lowering power bills

16-Apr-2020 Intellasia | Bloomberg | 6:02 AM

Malaysia’s best-performing stock surged more than 800 percent in the past year by helping people lower their electricity bills. Shares of Kejuruteraan Asastera Bhd., or [...] » More

IMF sees Malaysia’s GDP growing 9pct in 2021, fastest among Asean-5 nations

16-Apr-2020 Intellasia | Malay Mail | 6:02 AM

The International Monetary Fund (IMF) has projected Malaysia’s real gross domestic product (GDP) to grow at a rate of nine per cent next year, the fastest among the [...] » More

Exclusive: India agrees to sell hydroxychloroquine to Malaysia to help fight COVID-19

16-Apr-2020 Intellasia | Reuters | 6:02 AM

India has agreed to sell hydroxychloroquine tablets to Malaysia for use in the treatment of COVID-19 patients, a Malaysian minister told Reuters on Wednesday, with New Delhi [...] » More