HONG KONG: Weaker economic growth and tepid price pressures in Asia will leave central banks in the region with few reasons to tighten policy next year — especially as US rate hikes slow — unless a new bout of currency weakness forces them to do so. The Federal Reserve on Wednesday raised rates for the fourth […]
Read MoreIndonesia’s trade deficit this year, which reached US$7.5 billion in November, has forced the government to find a way to boost exports. Trade Minister Enggartiasto Lukita said on Thursday the government could not increase exports significantly this year because of various barriers, particularly the high tariffs imposed on Indonesian products that made them less competitive […]
Read MorePETALING JAYA: Malaysia is expected to see a dip in merger and acquisition (M&A) transactions next year, with 292 deals amounting to US$12.2 billion (RM50.9 billion) compared with the 311 deals amounting to US$13.2 billion transacted this year. According to the fourth edition of the Global Transactions Forecast, issued by Wong & Partners, the Malaysian member […]
Read MoreLocal digital payments provider Ongo and mobile data operator Ananda yesterday announced a partnership to expand the reach of their services in Myanmar. Under the agreement, Ananda users will have the added option of topping up their accounts at Ongo agents across the country as well as on its mobile application when they sign up […]
Read MoreThe Hanoitimes – Despite the EU’s strong will of fostering investments in Vietnam, the inflow from the bloc is still leaving much to be desired. Regulations on ensuring transparent administration in new-generation free trade agreements will help Vietnam satisfy strict requirements of quality foreign investors, encouraging them to pour into the country, experts said. Though Vietnam […]
Read MoreTHE Bank of Thailand (BOT) is likely to implement a modest interest rate hike again next year, and financial experts predicted that those feeling the pinch will be mortgage holders. The warning came from experts at the central bank, Siam Commercial Bank (SCB) and Phatra Securities. For the first time in seven years, the BOT […]
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