PETALING JAYA: There is room for Bank Negara to cut interest rates to support Malaysia’s economic growth even if inflation rises in the latter part of the year, economists say. According to AmBank Research, there is a strong case for the central bank to lower the benchmark overnight policy rate (OPR), which commercial banks refer […]
Read MoreJAKARTA: Indonesian authorities mandated that ride-hailing motorcycle service providers will only be able to charge rates within a fixed band, a move that could put hurdles in the expansion plans of Go-Jek, Grab and other ride-hailing firms. Starting May 1, motorbike ride-hailing rates will have to be between 1,850 and 2,600 rupiah (13 US cents […]
Read MoreTHAILAND has risen to 51st rank out of 115 countries in the World Economic Forum (WEF) “Global Energy Transitions Index 2019”, Energy Minister Siri Jirapongphan said. Siri said that this year, Thailand was preparing to push legal amendments and get rid of obstacles to attain a higher WEF rank. Thailand was ranked 54th last year. […]
Read MoreHonda sole agent in Indonesia PT Honda Prospect Motor (HPM) kicked off Tuesday the production of the export-oriented All New Honda Brio cars at its factory in Karawang, West Java. Speaking at the event, Trade Minister Airlangga Hartarto praised HPM’s effort to increase the exports of its products, including the All New Brio cars. “The maiden […]
Read MoreThe Hanoitimes – Vietnam’s e-payment market is growing impressively as the number of Vietnamese people making mobile payments in stores this year has grown the fastest globally by 24 percent. Fintech firms and banks will have to compete with telecom services providers who have recently received green light from the government to take part in the […]
Read MoreBank Indonesia (BI) has shown its commitment to helping increase Indonesian coffee exports by facilitating small and medium enterprises (SMEs) taking part in a coffee expo in Singapore. The SMEs have been enjoying facilities provided by BI as part of the central bank’s commitment to helping develop local economies. Held from March 21- 23, The Cafe Asia Expo was participated in […]
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