indo01
Read More

Unilever Indonesia books slight decrease in net profit

Consumer goods giant PT Unilever Indonesia booked a slight decrease in its net profit during this year’s first half as the coronavirus pandemic hit demand. The local arm of Anglo-Dutch company Unilever pocketed Rp 3.62 trillion (US$246.46 million) in net profit during the period, a 2.2 percent decline compared to the corresponding period last year. […]

Read More
th01
Read More

Thailand: Traders on board with US$ valuation

Major gold traders have agreed to use the US dollar in order to limit volatility in using the baht, says a Bank of Thailand senior executive. The central bank agrees in principle with major local traders using only the dollar for gold trading and settlement to mitigate foreign exchange volatility in the trade. The move is […]

Read More