HANOI (Xinhua) – During upcoming World Economic Forum on the Association of Southeast Asian Nations (Asean) slated for September 11-13 in Vietnam’s capital, 1,000 delegates from 43 countries and regions will focus their discussions on five key topics, organizers said on Thursday. The key contents include defining new vision for the Asean on regional integration, […]
Read MoreMANILA, Philippines — Foreign investments approved by the country’s investment promotion agencies (IPAs) went up by 10 percent in the first half of the year, driven by the surge of approved pledges in the second quarter, data from the Philippine Statistics Authority (PSA) showed. Approved projects from January to June this year amounted to P45.2 […]
Read MorePETALING JAYA: Bank Negara’s slightly more cautious tone on the state of the economy when it announced the overnight policy rate (OPR) is a reflection of the more challenging environment and growth risks that the country faces at the moment, says HSBC Global Research. “However, we don’t see this as a sign that Bank Negara […]
Read MoreAlthough the rupiah strengthened to below Rp 14,900 per US dollar on Thursday, Finance Sri Mulyani Indrawati has said that the government and the central bank would monitor the currency amid global uncertainty. In the foreign exchange spot market, the rupiah was quoted at Rp 14,892 per US dollar on Thursday, strengthening 0.30 percent from its position […]
Read MoreThai Airways International Plc (THAI) will raise the fuel surcharge rate on 58 routes starting from September 14 due to the increasing fuel prices. THAI president Sumeth Damrongchaitham said the decision was made after a study of internal and external factors including sharply rising fuel costs, which the airline has been absorbing while competitor airlines […]
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