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Indonesia: Manufacturing sector sees slowdown in June

The country’s manufacturing sector grew slower in June as indicated by a decline in the purchase manager index (PMI) to 50.6 from 51.06 in the previous month. An index rate above 50 indicates growth in the manufacturing sector. Securities firm Samuel Sekuritas economist Ahmad Mikail said the drop was in line with the World Bank […]

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Bank of Thailand tackles surging Thai Baht

In attempts to exert some pressure on the Thai Baht control levers, the Bank of Thailand says it’s scaling back the auction size of short-term bonds. The actions are an attempt to curb the rapid surge of the Thai Baht which hit a six-year high last Monday. The central bank has announced that the reduction […]

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Vietnam tops priority of Japanese infrastructure investment

The Hanoitimes – The investment from Japan in the Vietnamese infrastructure is forecast to surge in the coming time, according to a JBIC official. The Japanese Partnership for Quality Infrastructure Initiative, which has been launched a few years ago with Vietnam being the first priority country, has contributed to turning the South East Asian country into […]

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