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Malaysia ranks highly among emerging markets

KUALA LUMPUR: Malaysia is ranked fifth among 17 other developing countries according to a Bloomberg study that gauges their outlook for 2021 based on 11 indicators of economic and financial performance. In the study, Malaysia is ranked ahead of other Asean countries such as the Philippines (ranked 10) and Indonesia (ranked 12). Thailand (ranked No. […]

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Philippines: Low rates likely until 2022 – BSP

MANILA, Philippines — The Bangko Sentral ng Pilipinas may keep a low interest rate environment until end-2022 to help the country fully recover from the impact of the pandemic, BSP Governor Benjamin Diokno said. In an interview with Bloomberg Television, Diokno said the BSP still has some monetary space available despite cutting the benchmark rate […]

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Thailand – BoT: SME debtors need extension

Some 5% of total outstanding debts of borrowers classified in the small and medium-sized enterprise (SME) segment still need to extend their participation in the debt holiday programme until June 2021, says the Bank of Thailand. The debt holiday extension for the 5% portion of SME debtors, who have a credit line of no more […]

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The border trade between Myanmar and India through Tamu border gate resume promptly in line with health guidelines

Border trade (Tamu) between India and Myanmar will resume as soon as possible in accord with the guidelines of the Ministry of Health and Sports.  “The union minister for commerce urged the resumption of border trade in line with the Covid guidelines and rules by making bilateral communications. In the coming week, the regional government […]

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