THAILAND has a lot of potential to become a hub of automotive software development in the Asia Pacific region, Koichi Okoshi, president and chief executive officer of Toyota Tsusho Nexty Electronics (Thailand) Co Ltd (NETH) said. NETH’s main business is in-vehicle embedded software development. It uses Thailand as a base for automotive software development and […]
Read MoreMANILA, Philippines — Economists are now talking about a second rate hike in the Philippines as odds of a possible increase on May 10, the first in more than three years, rose on inflationary pressures. Noelan Arbis, economist of British banking giant HSBC, said in its latest research note titled “Philippine Central Bank Watch: Ready […]
Read MoreEven as regional economies brace for potential damage from mounting US protectionism, Cambodia is projected to see a small boost to its GDP growth thanks to US tax reforms, Cambodian delegates to a regional economic meeting said on Friday. The 21st Asean+3 Finance Ministers’ and Central Bank Governors’ Meeting, held at the Asian Development Bank’s […]
Read MoreDespite widespread automation of manual work functions, Myanmar jobs are not under “huge” threat by advancements in technology, economists at the Asian Development Bank (ADB) told the media during the organisation’s annual general meeting (AGM) in Manila on May 4. However, the government needs to monitor the impact of changing technologies on local jobs. Meanwhile, it […]
Read MoreKUALA LUMPUR: Malaysia’s central bank is expected to leave its benchamrk interest rate unchanged at a policy meeting on Thursday, a day after the country holds a general election, a Reuters poll showed. Eleven economists polled by Reuters were unanimous in expecting Bank Negara Malaysia (BNM) to hold its overnight policy rate at 3.25 percent, […]
Read MoreThe Hanoitimes – Many commercial banks have increased interest rates for house purchase and repair loans for concern of high risks in the wake of drastic price hike in the real estate market recently. Eximbank on May 2 approved new rates for property loans and home repair loans. Accordingly, the annual interest rate for 12-24 month […]
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