Property and land prices are set to rise in Lvea Aem district’s Kandal province following the government’s announcement of their future plan to partially integrate the area into a new district within Phnom Penh. Prime Minister Hun Sen said that the upgrading of Lvea Aeam is due to the fast development and urbanisation of Phnom […]
Read MorePETALING JAYA: Bank Negara Malaysia appears to have turned more cautious on the country’s economic outlook following its decision to slash the benchmark interest rate to the lowest level in nearly a decade. The central bank’s Monetary Policy Committee announced the reduction of the Overnight Policy Rate (OPR) to 2.5% from 2.75% earlier. The ceiling […]
Read MoreThe Asian Development Bank (ADB) will provide around US$2.7 billion in loans this year to support Indonesia’s human capital, infrastructure and green energy development. ADB president Masatsugu Asakawa said the bank planned to provide Indonesia with more loans this year than the $1.7 billion it provided in 2019. The bank plans to provide Indonesia with […]
Read MoreLarge-scale measures to help tourism-related operators and employees affected by the coronavirus epidemic are set to go before the economic cabinet this Friday. Given that other ministries are involved in the relief package, it needs to be discussed in the economic ministers’ meeting before forwarding to the cabinet for approval, said Lavaron Sangsnit, director-general of […]
Read MoreMANILA, Philippines— Despite the coronavirus outbreak, Pat Anthony Padua, a 24-year-old management trainee at a local bank, was all set to fly with friends to South Korea next week until the government spoiled the fun few minutes after he secured his visa. “On February 26, our visa applications were approved only for the travel ban […]
Read MoreThe government plans to ease licensing procedures for importing raw materials as the country’s manufacturing industry begins to feel the impact of the disruption to the supply chain from China caused by the coronavirus outbreak. Finance Minister Sri Mulyani Indrawati said in Jakarta on Monday that simplifying import procedures for raw materials would be one […]
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Thailand
