RAM Ratings expects the unemployment rate in 2020 to reach between 4% and 4.5%. KUALA LUMPUR: RAM Ratings expects the unemployment rate in 2020 to reach between 4% and 4.5%, higher than the baseline of 3.0% to 3.5% in normal times, unless non-essential and export-oriented pick up. Hence, it said private consumption is therefore envisaged […]
Read MoreThailand’s cross-border trade fell by 9.18% year-on-year in the first half, attributed to lockdown measures and the slowing economies of neighbouring countries. Only Cambodia, which is one of the four countries with land border with Thailand, was the only nation to register a meagre 2.27 percent growth for the first half pf this year. The […]
Read MoreSINGAPORE (BLOOMBERG) – Singapore is blazing a trail in the global effort to replace Libor, becoming one of the first countries to auction debt linked to an alternative benchmark. The Monetary Authority of Singapore (MAS) sold $500 million of six-month notes with a spread over the compounded Singapore Overnight Rate Average (Sora) on Tuesday (Aug 18). […]
Read MoreWhen the competitive electricity retail market takes shape, EVN will no longer be the only retailer and people will be able to choose their retailer and negotiate prices. The Prime Minister on June 9, 2020 sent a dispatch to the Ministry of Industry and Trade (MOIT) and the State Capital Management Committee on the building […]
Read MoreKUALA LUMPUR, Aug 19 — Regional bond markets have seen a recent resurgence of foreign interest as sentiments improve on the resumption of economic activities, coupled with ample global liquidity from quantitative easing, RAM Rating Services Bhd said. The rating agency said Malaysian bonds have been popular, charting their third consecutive net foreign inflow in […]
Read MoreThe government is pinning its hopes on a growth rate of around zero percent this year as it struggles to spend a Rp 695.2 trillion (US$47 billion) stimulus budget to revive an economy reeling from the coronavirus pandemic. Finance Minister Sri Mulyani Indrawati said on Wednesday that economic growth could flatline at zero percent this […]
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Thailand
