PETALING JAYA: Bank Negara gave its strongest signal yet that the benchmark overnight policy rate (OPR) may be raised following a meeting of policymakers yesterday. Although the OPR was maintained at 3%, the central bank said policymakers may consider reviewing the current degree of monetary accommodation, given the strength of the global and domestic macroeconomic […]
Read MoreThe Lao PDR must look for new drivers of growth by diversifying exports, maintaining macroeconomic stability, and providing good nonagricultural jobs to achieve sustained and inclusive growth, suggests a new study by the Asian Development Bank (ADB). The study was released at the executive macroeconomic working group meeting between the government and development partners in […]
Read MoreMALAYSIA and Hong Kong are set to develop even stronger trade ties as Hong Kong will soon ink a Free Trade Agreement with Asean. At the launch of the Hong Kong Trade Development Council’s (HKTDC) mega promotion event, “In Style Hong Kong”, its chairman Vincent H.S. Lo said the pact would increase the significance of […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) kept interest rates unchanged yesterday, but raised the inflation forecast for 2018 amid rising oil prices, higher liquidity in the financial system and the weak peso. BSP Governor Nestor Espenilla Jr. said the Monetary Board retained the interest rate on the overnight reverse repurchase facility at […]
Read MoreCambodia should consider submitting an application for membership into the Asia-Pacific Economic Cooperation (APEC), as participating in the annual economic forum would translate into enhanced business and trade opportunities, an expert told Khmer Times. Sophal Ear, an associate professor of diplomacy and world affairs at Occidental College in Los Angeles, told Khmer Times that the […]
Read MoreThe consumer confidence index (CCI) rose for a third straight month in October, reflecting stronger purchasing power and a brighter economic outlook for the rest of the year, according to the University of the Thai Chamber of Commerce (UTCC). The government’s shopping tax break should also stimulate spending during the year-end period and drive GDP […]
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Thailand
