Philippine monetary officials maintained key interest rates on Thursday as expected, given a “broadly unchanged” inflation environment. Consumer price growth forecasts for this year to 2019 were also retained despite upside risks, the Bangko Sentral ng Pilipinas (BSP) announced. In its final meeting for the year, the policymaking Monetary Board (MB) kept the central bank’s […]
Read MoreThe Yangon regional government will give a permit to vehicles which are entrusted to smelting factories and which have a Yangon address, Daw Nilar Kyaw, regional minister of electricity, industry, transport and communication said. Under the former government, the authorities issued an instruction that car owners must entrust their vehicles to the Road Transport Administration Department […]
Read MoreAsian Development Bank (ADB) yesterday hiked its forecast for Thai GDP growth to 3.8% this year and next, while the UN Economic and Social Commission for Asia and the Pacific (Escap) upgraded its 2017 estimate to 3.5% and raised its 2018 view to 3.4%. The Manila-based ADB predicts that a pickup in exports and private […]
Read MoreThe use of mobile money services offered by telecommunications operators have been increasing throughout the country, officials of the two leading service providers Telenor and Ooredoo said Wednesday. Telenor Myanmar launched mobile money service through Wave Money in 2016, while Ooredoo Myanmar launched its mobile money services through M-Pitesan in September. These digital money transfer services […]
Read MoreTEMPO.CO, Jakarta – The Bank Indonesia (BI) board of governors meeting has resulted in a decision to maintain the Seven-Day Reverse Repo Rate at 4.25 percent, with the deposit facility interest rate maintained at 3.50 percent. BI has also decided to maintain the Lending Facility interest rate at 5.00 percent. The decisions made at the meeting that was held on […]
Read MoreThe Hanoitimes – Nguyen Thien Nhan, Secretary of the Ho Chi Minh City Party’s Committee, has called on US technological groups and companies to expand their investment and cooperation in the city. He had working sessions with representatives of leading US technological groups and companies like Intel, Allied Telesis, Zoom and Marvell, which are investing in […]
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Thailand
