MANILA, Philippines — Filipino consumers and local businesses turned more optimistic in the first quarter due to easing inflation, as well as the onset of the election period, which is expected to boost economic activities and spending, the Bangko Sentral ng Pilipinas (BSP) reported yesterday. Department of Economic Statistics director Redentor Paolo Alegre Jr. said […]
Read MoreBRUNEI Darussalam’s total trade in January 2019 increased by 33.3 per cent to BND1,436.7 million compared to January 2018. Total exports increased year on year by 27 per cent to BND952.6 million (January 2019) from BND749.8 million (January 2018). This was mainly attributed to the increase in the exports of crude oil and liquefied natural […]
Read MoreThe Hanoitimes – More than half of foreign invested firms (53.1%) reported profits in 2018, while 36.7% suffered losses, roughly equivalent to levels recorded for 2017. Nearly 56% of foreign firms plan to expand their operations in Vietnam, a healthy level, but also a slight decrease from the apex of 60% last year, according to the […]
Read MoreOperators have a more optimistic outlook for this year’s tourism sector, with over 40 million international arrivals anticipated despite a slowdown in the first quarter and unclear election results. The strong baht and global economic doldrums slowed growth in international arrivals during the first quarter of this year, estimated at 10.9 million, a 2.9% rise year-on- year, […]
Read MoreKUALA LUMPUR: Malaysian palm oil futures slipped to a more than one-week low at one point on Thursday as high inventory levels continued to weigh on the market. The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange was down 0.8 percent at 2,120 ringgit ($520) a tonne by the close of trade, after hitting a more than one-week low of 2,106 ringgit earlier in […]
Read MoreAs part of ongoing efforts to liberalise the financial services industry and increase credit to the private sector, the Central Bank of Myanmar (CBM) has introduced regulations to facilitate foreign investment in domestic lenders. On January 29 the CBM issued Regulation No 1/2019, allowing foreign banks and financial institutions to hold equity of up to […]
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Thailand
