[JAKARTA] Indonesia’s October annual inflation rate slowed more than expected to the lowest level in six months, but remained within the central bank’s comfort range, data from the statistics bureau showed on Friday. The annual inflation rate slowed to 3.13 per cent in October from 3.39 per cent in September, the bureau said, compared with […]
Read MoreThe Hanoitimes – From Vietnam, which has signed many FTAs that are beneficial for companies like GAZ in the country, GAZ can export vehicles to other Southeast Asian countries. Russia’s GAZ Group will start to assemble vehicles in Vietnam, according to Maxim Akimov, head of the Russian Intergovernmental Commission of the Russian Federation and Vietnam on […]
Read MoreThe Bank of Thailand is optimistic that the country’s economic growth momentum in the final quarter is gathering pace, propelled by private consumption amid a raft of stimulus packages, public and private investment, and tourism strength. State investment in big-ticket infrastructure projects and the Eastern Economic Corridor (EEC) is expected to “crowd in” private investment […]
Read MoreSINGAPORE: Malaysian palm oil futures retreated after touching a 19-month high earlier on Thursday, as the ringgit gained and as panic buying emerged due to an expected supply shortage died down. The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange closed 0.4% lower at 2,485 ringgit ($595) per tonne, ending […]
Read MoreThailand’s Bank of Ayudhya is looking to expand ‘Quick Respond’, a QR code-based payment system, to Cambodia, among other countries in the region. Bank of Ayudhya, also known as Krungsri, said it is looking to make the cross-border, QR-code payment system available in Cambodia, Lao and Vietnam, Bangkok Post reported on Wednesday. “The bank has […]
Read MoreShop.com.mm, the online shopping operations in Myanmar owned by China’s Alibaba Group, is growing rapidly, company officials said. Frans Maas, managing director of Shop.com.mm, told The Myanmar Times the site is expanding at a rate of 10 times year-on-year. Shop.com.mm, an online shopping platform in Myanmar, provides online shopping across a variety of products to customers across […]
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