JAKARTA: Indonesia’s finance ministry, which recently cut its business ties with JPMorgan Chase & Co , announced new rules that require primary bond dealers to “safeguard” their partnership with the government and avoid conflicts of interest. The regulation is likely to add to analysts’ concern about moves to strike back over unfavourable investment commentary after […]
Read MorePETALING JAYA: The World Bank expects Malaysia’s economy to grow by 4.3% this year as adjustments to lower energy prices ease and commodity prices stabilise. This compares to the government’s expectations for the economy to grow by 4% to 4.5% this year. Malaysia’s economy expanded 4.3% in the third quarter last year and economists expect […]
Read MoreThai Lion Air (TLA) has pre-empted other Thai-registered airlines in the new year with the introduction of two new routes. The low-cost carrier subsidiary of Indonesia’s Lion Group has set Feb 10 for the simultaneous launch of Bangkok-Trang and Chiang Mai-Surat Thani routes, according to airline executives. The Bangkok-Trang route is particularly significant for TLA, […]
Read MoreThe World Bank is maintaining its Thai GDP growth projection of 3.2% for 2017, citing recovering commodity prices, improving confidence and accommodative policies. The overall global economy is forecast to grow by 2.7%, up slightly from 2016. The World Bank’s projection of global economic growth assumes that recovering oil and commodity prices will ease pressure […]
Read MoreDomestic sales of passenger cars are expected to rise by 2% this year, marking a recovery after four years of decline, with support from an uptick in economic growth and an increase in private consumption, says BMI Research. Additional factors contributing to a recovery in Thailand’s new-car market include subdued inflationary pressure and a stable […]
Read MoreHÀ NỘI – The State Bank of Việt Nam has asked its branches and credit institutions nationwide to report quarterly their lending to small-and medium-sized enterprises (SMEs). Under Document No 62/NHNN-TD issued last week, the branches and institutions are instructed to report to the central bank their lending to SMEs as well as SMEs’ business […]
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Thailand
