Bank Indonesia’s (BI) decision last week to increase its reference rate by 50 basis points (bps) to 5.25 percent will negatively impact economic growth in the second half of 2018, a senior economist has said, although the central also introduced a relaxation policy on the loan to value (LTV) ratio in an attempt to booth the property sector. “The […]
Read MorePETALING JAYA: Countries like Malaysia could face the risk of a contagion effect from emerging market (EM) crisis due to the high level of debt despite not operating under the environment of “twin deficit”. AmBank Group chief economist Dr Anthony Dass said on Monday the risk of a contagion effect was premised on the country’s […]
Read MoreLao and Thai government representatives met in Vientiane on Friday to review and discuss the development of the information and communications technology (ICT) and digital innovation sectors. The issues were covered when Thailand Ambassador to the Lao PDR, Mr Kiattikhun Chartprasert visited Minister of Post and Telecommunications, Dr Thansamay Kommasith in the capital. The meeting […]
Read MoreSINGAPORE – Private home prices rose 3.4 per cent in the second quarter from the previous three months, keeping pace with the 3.9 per cent increase in the first quarter, flash estimates from the Urban Redevelopment Authority (URA) showed on Monday (July 2). The increase in the April to June quarter was led by a 3.8 […]
Read MoreThe Hanoitimes – Vietnam`s economic minister has allayed concern over the possibility of another crisis coming amid global uncertainty. Vietnamese Minister of Planning and Investment Nguyen Chi Dung has played down the possible repetition of the “10-year-economic crisis” cycle in the next several years, citing Vietnam’s stable macro-economic fundamentals. Previous economic crises came from distorsions in […]
Read MoreMANILA, Philippines — The deficit in the external trade of Philippine agricultural products widened by 41 percent to $1.83 billion in the first quarter as imports rose and exports declined, the Philippine Statistics Authority (PSA) reported over the weekend. This compares with $1.30 billion in the same period in 2017. The total value of inbound […]
Read More
Thailand
