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Malaysia: OPR stays at 3.25%

PETALING JAYA: The Overnight Policy Rate (OPR) has been maintained at 3.25%, with economists expecting the rate to be left unchanged through the first half of 2019. The last change in the OPR was in January this year, when the interest rate was raised by 25 basis points (bps). Bank Negara said in a statement […]

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Indonesia: Bappenas says 9.4m jobs created under Jokowi

The National Development Planning minister said on Thursday that about 9.4 million jobs had been created under the leadership of President Joko “Jokowi” Widodo, of which 2.99 million were created this year. Bambang Brodjonegoro, who is also head of the National Development Planning Agency (Bappenas), expressed his optimism that the President would achieve the 10 million jobs he had promised during his five-year […]

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ASEAN LOGISTICS IN THE WORK

Prime Minister Prayut Chan-o-cha said at the Transport Ministry’s Asean Meeting in Bangkok yesterday that Thailand is continuing its effort towards a network of logistic linkages between all nations in the Asean region.  He added that the country is collaborating with Asean nations to develop air, land, and sea routes to boost regional economic growth […]

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Cambodia: Kingdom to ‘handle cement need in 2yrs

Four licensed cement factories in the Kingdom produced 3.6 million tonnes of the product in the first nine months of the year. Another two will activate their production lines before December, says the Ministry of Industry and Handicraft. The ministry said total production from the four factories was 3,671,416 tonnes. They were Kampot Cement with […]

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