Daily Industry News Update (14 May 2021)

INDUSTRY NEWS (14 MAY 2021)

Wider vaccination, herd immunity vital to recovery — Moody’s Analytics

A stronger push towards wider vaccination and herd immunity will be key to domestic recovery and should facilitate an economic rebound as emergence of new Covid-19 variants poses high risk, Moody’s Analytics economist Sonia Zhu said. Malaysia’s economy contracted

Ringgit ends lower against greenback for second day running

OANDA senior market analyst for Asia Pacific Jeffrey Halley said regional currencies would remain under pressure until the US Consumer Price Index (CPI) data showed that the inflation fears were real. “The nationwide Movement Control Order (MCO) announced recently is also

Japanese blockchain company aims to turn M’sia into a regional hub

Japanese blockchain development company, Chaintope Inc, believes that blockchain technology will change the world and people’s lives dramatically during this COVID-19 pandemic. Thus, the blockchain developer wants to be part of this ecosystem and plans to

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