Page 18 – ASEAN Economic Community Strategy Center

Malaysia: 3% Malaysia’s benchmark rate unchanged as currency faces pressure

KUALA LUMPUR • Malaysia’s central bank kept its benchmark interest rate unchanged for a third straight meeting to help bolster the currency as policymakers in emerging economies gird themselves for tighter United States monetary policy. Bank Negara Malaysia held its key rate at 3 per cent, it said in a statement yesterday. The ringgit has […]

Cambodia: Bank of America lends PM a hand

Bank of America Corp.’s chairman of its Chinese business will urge more US companies to seek investment opportunities in Cambodia under the umbrella of China’s “One Belt, One Road” socio-economic initiative. According to Prime Minister Hun Sen’s Facebook post, Margaret Ren met with him at the sidelines of the World Economic Forum in the Swiss […]

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Malaysia: 3% Malaysia’s benchmark rate unchanged as currency faces pressure

Cambodia: Bank of America lends PM a hand