JAKARTA: Indonesia stocks pulled back after a more than 5% surge over the last two sessions as a poll of analysts predicted the country’s central bank would stand pat on interest rates in favour of supporting an under-pressure rupiah. While upbeat Chinese data supported other emerging Asian share markets at the start of a week […]
Read MoreVietnam is expected to be the only Southeast Asian economy to achieve growth this year, with its GDP rising by a likely 2.3 per cent. The Global Economic Outlook report said recovery prospects look brightest for Viet Nam, which had contained the Covid-19 outbreak very effectively until recently. The pandemic has delivered the biggest growth […]
Read MoreMANILA, Philippines — The net inflow of foreign direct investments (FDIs) declined by 18.3 percent to $2.99 billion in the first half from $3.67 billion in the same period last year, according to the Bangko Sentral ng Pilipinas (BSP). The latest contraction, however, was an improvement from the nearly 22 percent decline recorded from January […]
Read MoreThailand is moving cautiously to reopen its borders with a new plan to allow foreign visitors to stay in the country for 90 days, extendable up to 270 days under a special tourist visa scheme (STV), which is projected to generate 12 billion baht a year. Prime Minister Prayut Chan-o-cha said on Tuesday the cabinet […]
Read MoreThe Bank of Thailand’s Monetary Policy Committee (MPC) is not expected to ease the policy rate for the remainder of this year as more government stimulus measures reduce the likelihood of further rate cuts, says the Thai Bond Market Association (TBMA). The Policy Interest Rate Expectation Index for September was at 50, unchanged from the […]
Read MoreThe Hanoitimes – The record US$13.5 billion trade surplus in the eight-month period far exceeded the unprecedented figure of US$11.12 billion last year. In the first eight months of 2020, Vietnam’s trade surplus reached an all-time high of US$13.5 billion, representing a 150% increase compared to the same period of last year (US$5.47 billion), according to […]
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