Bank Indonesia and the government agreed on five measures to maintain inflation at between 2.5 and 4.5 percent in 2018 on Monday. “The meeting of the National Inflation Control Coordination Center has agreed to five strategic measures, including maintaining volatile food prices” said BI spokesman Agusman in Jakarta as reported by Antara.. BI and the government […]
Read MorePETALING JAYA: Malaysia is expected to benefit from the One Belt One Road (Obor) initiative with the opportunity for economic growth following the proposed trade route by China, said LBS Bina managing director Tan Sri Lim Hock San. He said with the infrastructure to build the route, local businesses could take advantage and leverage […]
Read MoreMANILA, Philippines — Economists of private banks expect inflation to climb this year due to the implementation of the tax reform law, rising global oil prices, weakening peso and higher public spending, according to a survey by the Bangko Sentral ng Pilipinas (BSP). Based on the Private Sector Economists’ Survey of the BSP for December […]
Read MoreThe baht’s continuous rise is once again the topic of contentious discussions, with businesses operating in the real sector making the most noise. The local currency, up more than 2% versus the US dollar in 2018, is now the second-best performer in Asia this year, trailing only the Malaysian ringgit. The baht’s strengthening has unsurprisingly […]
Read MoreThe Hanoitimes – The Ministry of Industry and Trade (MoIT) will continuously streamline legal procedures this year to offer the most favorable conditions for exporters in having access to markets and enhancing consumption, MoIT minister Tran Tuan Anh said. The move was made to help Vietnam meet the export growth target of 10 percent in 2018. […]
Read MoreKUALA LUMPUR, Jan 22: Short-term rates are expected to remain stable today, with Bank Negara Malaysia (BNM) intervening to absorb excess liquidity from the financial system. BNM estimated today’s liquidity at RM36.699 billion in the conventional system and RM16.061 billion in Islamic funds. The central bank will conduct tenders comprising a RM9 billion range maturity auction […]
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Thailand
