Malaysia: Malaysia Packaging falls after below market takeover price Monday, 1 August 2016 – Shares of Malaysia Packaging Industry Bhd (Maypak) fell to a low of 39 sen on Monday after investors sold on news of an impending takeover at 16.6 sen a share. At 11.30am, Maypak was down six sen to 39 sen. There […]
Read MoreMalaysia: Ringgit firmer against US dollar early Monday Monday, 1 August 2016 – The ringgit opened higher against the US dollar on Monday on mild buying interest, dealers said. At 9.02 am, the local unit was quoted at 4.0320/0380 to the US dollar from 4.0670/0740 last Friday. A dealer said demand was driven by favourable […]
Read MorePhilippines: SME forum set to promote growth Monday, August 8, 2016 – A forum to boost the capacity of small- and medium- enterprises (SMEs) to contribute more to economic growth will be held this week. The event themed “Harnessing the Capacity of SMEs as Engines of Growth” is sponsored by state-run think tank Philippine Institute […]
Read MoreSingapore: Singapore final GDP seen confirming sluggish Q2 growth Monday, 8 August 2016 – Singapore’s latest estimate of second-quarter gross domestic product is likely to confirm sluggish growth in the April-June quarter, with the outlook clouded by concerns over Brexit and weakening global demand. The median forecast in a Reuters survey of 13 economists predicted […]
Read MoreSingapore: Oil prices rise on renewed output freeze talks, but fundamentals remain weak Monday, 8 August 2016 – Oil prices rose in early trading on Monday, lifted by reports of renewed talks by some members of the Organization of the Petroleum Exporting Countries (OPEC) to restrain output. U.S. West Texas Intermediate (WTI) crude oil futures […]
Read MoreLaos: Lao trade official rejects IMF view that currency too strong Saturday, 6 August 2016 – Laos’ currency is not over-valued, a trade ministry official said on Saturday, rejecting an IMF assessment that the kip was too strong for a country with a large current account deficit.The Asian Development Bank expects the external deficit to […]
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Thailand
