The Bank of Thailand (BoT) is expected to leave its benchmark interest rate at a record low on Wednesday after two cuts this year, a Reuters poll showed, although it was likely to downgrade its growth outlook again. All 16 economists in the poll predicted the BoT’s monetary policy committee (MPC) will keep its one-day […]
Read MoreJAKARTA: Indonesia posted its biggest trade deficit in seven months in November, as exports fell more than expected and imports of consumer goods soared ahead of year-end festivities. November’s trade gap was $1.33 billion, data from the statistics bureau showed on Monday, the widest since April and much larger than the median forecast of a […]
Read More[JAKARTA] Indonesia posted its biggest trade deficit in seven months, as exports fell more than expected, data from the statistics bureau showed on Monday. November’s trade gap was US$1.33 billion, the widest since April and much worse than the median forecast of a Reuters poll of a US$130 million deficit. Southeast Asia’s largest economy had […]
Read MoreLeading tour specialist Wendy Wu Tours last week officially launched a new cruise service linking Can Tho, in southern Vietnam’s Mekong Delta region, with Phnom Penh. The route will be serviced by the Victoria Mekong, a 35-cabin, four-star cruise ship. The ship has a 360-degree-view restaurant on the upper deck as well as shopping stores, […]
Read MoreSINGAPORE’S private housing market is poised for modest price growth next year, amid a resilient leasing market. However, developers are expected to continue being challenged by the significant supply of unsold private housing units in the pipeline although, by some estimates, the oversupply could ease by the end of 2021. Data from the Urban Redevelopment […]
Read MoreMANILA, Philippines — The country’s external debt increased by 8.2 percent to $82.7 billion as of end-September from $76.4 billion in the same period last year as the private sector, led by local banks, tapped the offshore debt market for much needed funds, according to the Bangko Sentral ng Pilipinas. BSP Governor Benjamin Diokno said […]
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