TEMPO.CO, Jakarta – Bank Indonesia (BI) reports that Indonesia`s foreign exchange rose on a month-on-month basis in December 2017. “As of December, it exceeded US$130 billion,” The BI Governor Agus Martowardojo said in Jakarta on Thursday, January 4. Indonesia’s foreign exchange reserves at the end of the year rose around US$5 billion as compared with the previous month. The central […]
Read MoreMANILA, Philippines — An economic growth of at least seven percent is possible for the Philippines this year as the new tax reform law takes effect and government’s aggressive infra spending program rolls out, top economists said yesterday. Finance Undersecretary Gil Beltran said a gross domestic product (GDP) growth of at least seven percent is […]
Read MoreBank of Ayudhya (BAY) is exploring opportunities in Vietnam’s consumer finance market in line with its parent Bank of Tokyo Mitsubishi UFJ’s (BTMU) policy to deepen the group’s reach in Southeast Asia. Thailand’s fifth-largest lender by assets is weighing several options such as setting up its own business, partnering with local players, and mergers and […]
Read MoreThailand’s consumer confidence rose for a fifth straight month in December, lifted by a brighter economic outlook but low commodity prices were still a worry, a private survey showed on Thursday. The index of the University of the Thai Chamber of Commerce rose to 79.2 in December from 78.0 in November. Consumers were confident about […]
Read MoreThe Hanoitimes – As the Vietnam’s economy has witnessed a strong growth at the last few months of 2017, however, with many challenges still remains, it is vital for the country to build on this momentum and maintain the growth rate in 2018. In 2017, Vietnam had to face challenges from natural disasters, for which climate […]
Read MoreMyanmar will hold its first value-added gems and jewellery fair at the Lotte Hotel in Yangon between January 11 and 14, according to the Yangon Gems and Jewellery Entrepreneurs Association. The fair aims to showcase processed stones and jewellery pieces made from Myanmar gemstones. In fact, Myanmar-produced rubies, sapphires and jade are among the best […]
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