MANILA, Philippines — DBS Bank Ltd. said inflation is expected to stay steady at 3.1 percent in September but still expects the Bangko Sentral ng Pilipinas (BSP) to raise interest rates in the fourth quarter. Amid the steady headline inflation, DBS economist Gundy Cahyadi said core inflation that excludes the volatile food and energy products […]
Read MoreTEMPO.CO, Jakarta – Finance Minister Sri Mulyani said that the government will focus on eradicating poverty, infrastructure development and public service improvement in the third quarter this year. “Because they will have positive impacts. In the third quarter, the government will be focusing on their implementation,” she said yesterday. In the third quarter, Sri Mulyani said, ministries and state […]
Read MoreKUALA LUMPUR: Maybank IB Research remains positive on VS Industry Bhd following its Tuesday briefing with a Buy rating and target price of RM3.18 based on 17.5x CY18 PER. “VSI’s 4QFY7/17 pre-tax profit margin for the Malaysian ops contracted 4.4ppts q-o-q, mainly due to a transition of its transactional currency from USD to RM for components […]
Read MoreHCM CITY – Vietnam will not see high year-end growth in exports of tra fish and shrimp to US by this year because trade barriers have reduced their value, according to the national seafood association. Meanwhile, exports of these seafood products to Japan, China, Brazil and the ASEAN bloc have increased significantly in the first eight months of the year, according […]
Read MoreStartup Cambodia, a collaborative platform set to officially launch next month, aims to create a comprehensive and accessible database of Cambodia’s startup companies to help entrepreneurs tap into early-stage funding, a spokesman for the company spearheading the project said yesterday. The platform is the brainchild of online startup and technology-focused media outlet Geeks in Cambodia […]
Read MoreLaos is seeking technical assistance and close cooperation with various foreign countries to ensure progressive results in addressing Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT). A few months ago, Laos graduated from the Grey’ list, which was approved by the Financial Action Task Force (FATF), but the government is still pushing forward its […]
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