MANILA, Philippines — Inflation continued to be a problem in the Philippines in October, although it steadied from the previous month’s level amid mixed price movements posted by commodity groups, the country’s statistics agency reported. Inflation clocked in at 6.7 percent in October, unchanged from September’s level and the fastest pace in nearly a decade. Year-to-date, inflation […]
Read MoreConsumer confidence fell for the second straight month in October on concerns about the impact of higher oil prices, relatively low crop prices, an escalating international trade row, lower exports and the Chinese tourist plunge. The latest survey by the University of the Thai Chamber of Commerce (UTCC) found the consumer confidence index in October dipped […]
Read MoreKUALA LUMPUR (Bernama) – ASEAN is one of the most bullish regions for trade and commercial activity, despite having the highest proportion of corporate which expect protectionism to rise, said HSBC Bank Malaysia Bhd. Chief Executive Officer Stuart Milne said ASEAN corporate were overwhelmingly bullish on their commercial prospects and fully expected protectionism to rise. “This […]
Read MoreSINGAPORE (Bernama) – Maybank announced it has successfully completed the transfer of its Community Financial Services (CFS) business in Singapore from its branch to Maybank Singapore Limited (MSL), a Singapore-incorporated subsidiary. It will see MSL operate the CFS business consisting of Retail (personal banking, privilege wealth, premier wealth), Private Wealth, SME-Retail, Small Medium Enterprises (RSME) […]
Read MoreKUALA LUMPUR: Bursa Malaysia Securities suspended all short-selling activities of Genting Malaysia (GentingM) early Monday after its share price tumbled in a knee-jerk reaction to the new casino tax under Budget 2019. The shares plunged 27% in early trade, falling RM1.22 to RM3.32. The regulator said as the last done price of the approved securities […]
Read MoreMyanmar has done undertaken two reforms to improve access to power supply and the ease of starting a local business, according to the latest report from the World Bank. However, pace of reform on most regulations affecting the private sector remain stagnant. In the newly-released World Bank’s 2019 Doing Business rankings, Myanmar ranks 171th out […]
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Thailand
