SINGAPORE: Indonesia’s market rout shows no signs of abating, with its two-year bonds the latest to be dumped in anticipation that the central bank may need to raise rates to defend its currency. The yield on the two-year debt soared 25 basis points to 6.63%, set for its highest close in 10 months as the […]
Read MorePUTRAJAYA: Malaysians on average took back RM2,880 a month last year, an increase of 8.1% as compared to 2016. According to data from the Statistics Department, the average monthly salary was RM2,657 in 2016, which was higher by 6.6% compared to 2015. In 2017, the median monthly salaries and wages received by employees rose 7.7% […]
Read MoreMANILA, Philippines — Policymakers must closely monitor rising consumer prices, with Philippine inflation seen to keep going up to breach the central bank’s target, the International Monetary Fund said on Wednesday. “Inflation should remain within the target band… but the authorities will need to watch carefully for building inflation pressure, as well as rapid credit […]
Read MoreThe annual Myanmar-EU Economic Forum will be held in Nay Pyi Taw on June 6 this year. The forum, hosted by European Chamber of Commerce in Myanmar (EuroCham), will be the second edition of the chamber’s signature advocacy event. The panels will be joined by business leaders, senior officials and international experts, facilitating discussions between stakeholders […]
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Thailand
