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Bank Indonesia hints at reference rate increase

Bank Indonesia (BI) hinted on Friday that it would increase its benchmark seven-day reverse repo rate, which is currently at 4.25 percent, because of consistent external pressure that could potentially disrupt the country’s economy. The BI’s board of governors will meet on May 16 and 17. “Bank Indonesia has large enough room to increase the seven-day reserve repo rate. The […]

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Thailand: Renewables players dig in on price

THE Federation of Thai Industries (FTI) is digging on its position that the current wholesale price for electricity is too low for small operators in renewable energy. The industry lobby sees room for an increase – from Bt2.44 per unit – to a level below that which starts to affect ordinary consumers. If the purchase […]

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Asean meeting targets bloc’s digital readiness

Fighting against fake news and improving citizens’ digital literacy are the top two priorities at the Asean Ministers Responsible for Information (AMRI) conference. “Like the rest of world, Asean is undergoing a digital transformation and citizens need to get ready for this new age of digital information and technology,” said S Iswaran, Singapore’s communications and information […]

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Bangkok Airways eyes CLMV market

Bangkok Airways has partnered with Thailand Convention and Exhibition Bureau (TCEB) to kick-off its campaign to attract meeting and incentive groups from the Cambodia, Laos, Myanmar and Vietnam (CLMV). The “Fly and Meet Double Bonus” promotion for Myanmar was launched by Bangkok Airway’s sales chief, Varong Israsena Na Ayudhya, and TCEB’s director, Puripan Bunnag, at […]

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