he shock election victory of Malaysia’s opposition alliance and the anti-corruption and economic-policy cleansing it has promised roller-coasted stocks before a slight MSCI index gain, and cast a shadow on ASEAN peers the Philippines and Thailand with their own political and fiscal battles under overall asset-class retrenchment. The International Monetary Fund chimed in with caveats at […]
Read MoreThe Hanoitimes – Vietnamese plastic firms are under big pressure to make restructure to be able to compete against foreign counterparts, who have made many mergers and acquisitions of domestic firms in the past few years. After many times of purchasing shares of Binh Minh Plastics Joint Stock Company (BMP), Thailand’s Siam Cement Group (SCG) recently […]
Read MoreTHE THAI economy is strong enough to cope with future risks, says Tris Rating . Sakda Pongcharoenyong, president of Tris Rating, said that Thai-listed companies possess the financial strength to deal with possible risks, as seen in their earnings results following the Thai economic expansion. Most of the companies are free of liquidity crunch and […]
Read MorePETALING JAYA: Renewed market confidence following the general election and rising demand for general consumer goods and e-commerce are expected to bolster the local industrial property market. Savills Malaysia managing director Datuk Paul Khong said improved market sentiment would certainly boost foreign direct industrial investment into Malaysia. “Coupled with surging domestic consumption, the prospects for […]
Read More[JAKARTA] Indonesia’s central bank raised its benchmark interest rate for the second time in two weeks on Wednesday and signalled more increases might come as it seeks to bolster the rupiah and contain capital outflows amid an emerging market sell-off. The board of governors lifted Bank Indonesia’s (BI) key rate by 25 basis points to […]
Read MoreWith relations between the two countries at a high point, Cambodia and Thailand have agreed to boost cooperation in tourism to bring more tourists to their markets. In a meeting on Tuesday, Panyarak Poolthup, Thailand’s Ambassador to Cambodia, and Thong Kong, the Cambodian Minister of Tourism, discussed ways of attracting more tourists from third nations […]
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