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Indonesia holds key interest rate at 4.25%

JAKARTA: Indonesia’s central bank on Thursday kept its policy rate unchanged, as expected, saying its monetary policy stance remains neutral. The decision came shortly after the Federal Reserve, as anticipated, hiked US rates. “This is consistent with efforts to maintain stability … and pushes domestic economic recovery,” BI spokesman Agusman told a news conference. Bank […]

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The changing demographics of Southeast Asia

DEMOGRAPHICS are important for investors. The number of people in a country, their income and their household composition affect how they shop and spend. We have studied the differing urbanisation rates, household composition and ageing in the Association of Southeast Asian Nations (Asean), plus marriage and fertility rates. The region is diverse, but urbanisation is […]

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Vietnam: Wood industry eyes international markets

The Hanoitimes – Domestic wood producers can expand export markets this year as the global demands are projected to rise amid limited supply sources, experts said. According to Huynh Van Hanh, Vice Chairman of the Handicraft and Wood Industry Association of Ho Chi Minh City (HAWA) said, the world’s demand for interior furniture is predicted to […]

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Thailand: February exports unimpeded by baht

Exports retained their growth momentum in February, up 10.3% year-on-year, on the heels of a 17.6% increase in January that was the highest in 62 months. The Commerce Ministry reported yesterday that the country’s customs-cleared exports grew for the 12th straight month in February, fetching Thailand US$20.4 billion (637 billion baht), driven largely by the economic […]

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