MANILA, Philippines — After plunging deeper into bear market territory on Tuesday, the stock market recovered yesterday, indicating that investors are again on a fighting stance and ready for some bargains. The benchmark Philippine Stock Exchange index (PSEi), the stock market gauge, gained 78.51 points or 1.10 percent to finish at 7,210.87 while the broader […]
Read MoreBank Indonesia Governor Perry Warjiyo called on the public on Wednesday not to worry about the rupiah depreciation, saying that the rupiah exchange rate against the US dollar was better than that of other currencies in emerging countries. The rupiah stood at above Rp 15,000 per US dollar on Tuesday. Since January, the currency has […]
Read MoreKUALA LUMPUR: Enhanced technology, a strong workforce and critical technical skills are among the requisites needed for Malaysia to roar once again as one of the “Asian Tigers”, trailing the path of the awakened “Sleeping Dragon”. Market observers opined that Malaysia must strengthen its technological capacity, as well as its workforce by increasing the wages […]
Read MoreEnergy policymakers will raise the 30-baht-per-litre cap on diesel if oil prices exceed US$90 per barrel, the energy minister says. The Energy Policy Administration Committee (Epac) is considering whether to carry on with capping the diesel price below 30 baht per litre, as forecasts see global oil prices continuing to rise. On Tuesday, Brent crude hit […]
Read MoreThe Hanoitimes – Vietnam will maintain its policy of encouraging foreign investments, stated Prime Minister Nguyen Xuan Phuc. After three decades of economic reform, the foreign direct investment (FDI) sector remains an indispensable part of Vietnam’s economy, Prime Minister Nguyen Xuan Phuc has asserted. As of present, Vietnam has attracted 26,500 foreign invested projects from 129 […]
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Thailand
