Central banks in emerging Asia are poised to cut interest rates as they bolster their economies against a wave of global threats. India and the Philippines are expected to cut rates by 25 basis points this week. Thailand, which is likely to keep borrowing costs unchanged on Wednesday, may signal its willingness to ease going […]
Read MoreVietnam posted a trade surplus of $1.8 billion in the first seven months of the year, much lower than the $2.6 billion trade surplus seen in the same period last year, the latest report from the General Statistics Office (GSO) revealed. The positive figure was partly thanks to the export turnover of the domestic sector […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas may cut interest rates by at least 50 basis points more this year as telegraphed by Bangko Sentral ng Pilipinas Governor Benjamin Diokno due to easing inflation, according to debt watchers and economists of investment banks. Andrew Wood, director at S&P Global ratings, said in a live […]
Read MoreChina weakened the yuan on Monday, sparking fears of further escalation in the Sino-US trade war and leaving Thai firms worried that they would suffer further before an agreement is reached. Thai exporters fear that China’s action may escalate the US-China trade war into a currency war and lead all countries into monetary easing to […]
Read MoreKUALA LUMPUR: Warning bells have turned louder as the Malaysian economy is facing more threats following the escalation in the year-long Sino-US trade war, according to economists. However, the experts remained positive on the country’s growth outlook, with some pointing out that the government has room to manoeuvre the domestic economy by leveraging on the […]
Read MoreThe bourse regulators in Cambodia and Thailand this week announced plans to work together to boost their capital markets through cross-border listings and depositary receipts. For in depth analysis of Cambodian Business, visit Capital Cambodia During a meeting on Monday in Phnom Penh, Ruenvadee Suwanmongkol, secretary-general at the Securities Exchange Commission (SEC) in Thailand, and Sou […]
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