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Philippines: Economists see possible rate cuts early 2019

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) may pause from its tightening episode and even start cutting its interest rates next year as a result of the easing of inflationary pressures, according to economists. ANZ Research said the moderation in inflation to below market estimates at six percent in November from a near 10-year high of 6.7 percent […]

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Malaysian palm oil price drops on high stock outlook, Indonesian levy change

KUALA LUMPUR: Malaysian palm oil futures fell more than 1 percent on Wednesday due to expectations of rising inventories in Malaysia and a change in Indonesia’s export levy rules. Indonesia relaxed rules on palm oil levies and derivative products effective immediately following a drop in prices, the country’s finance ministry said on Wednesday. It will not collect levies from palm […]

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Thailand: Parsing digital asset classes

The allure of digital asset investment has returned to the attention of investors with legislation that would regulate digital asset trading and transactions in Thailand.  But there seems to be confusion over the definition and essence of each digital asset class, as many have grouped cryptocurrencies and digital tokens into the same category.  “Most people […]

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