The issuance of foreign-denominated global bonds by the government has contributed to strengthening the country’s foreign exchange reserve position, Bank Indonesia (BI) announced on Friday. Foreign exchange reserves were recorded at US$123.3 billion in February, higher than the $120.1 billion that was booked in January. The central bank estimated the current foreign exchange reserve level […]
Read MoreDRIVEN by big potential in Myanmar’s food wholesale industry, Metro AG, a leading German wholesale company with operations in 36 countries, will expand its business in the nation, say the firm’s senior executives. Philippe Palazzi, chief operating officer and member of the management board of Metro AG, said the firm would significantly enlarge its footprint […]
Read MoreThe Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has offered to sell more than 2.3 million shares it owns of the national carrier Vietnam Airlines. The deal will be carried out via order-matching transactions on the stock market between March 12 and April 4 so that the bank is able to review its […]
Read MoreTHIS IS poised to be a transformational year for retail. Technology in 2019 continues to change the rules of engagement, consumers are more demanding than ever, and getting them to notice your brand amid all the noise in the market is an even greater challenge. “Digital technology is changing the customer experience,” says Thanit Osathalert, […]
Read MoreCoordinating Economic Minister Darmin Nasution has stressed that the trade war between China and the United States has badly affected and will continue to affect Indonesia’s exports as both countries will import less from Indonesia as they experience economic slowdowns. “China is our largest export destination, while the US is number two. Both countries are […]
Read MoreSINGAPORE condo resale prices increased for the first time in February, up 0.5 per cent from January, after two consecutive months of cooling in December and January, according to monthly figures from real estate portal SRX Property on Tuesday. It was the largest price increase since July 2018, with year-on-year prices up by 4.6 per cent compared to […]
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Thailand
