PETALING JAYA: Malaysia’s debt levels are expected to rise this year at a fiscal deficit of an estimated 5.8% to 6%, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz. In an interview with CNBC yesterday, Zafrul noted that fiscal injections into the economy stand at around 20% of its gross domestic product (GDP) at […]
Read MoreThe Hanoitimes – Vietnam’s inflation is set to remain below the government’s 4% threshold for most of the year with its average forecast at 3.5%. This should see the central bank keep lending conditions accommodative into 2021. Vietnam’s inflationary pressures are predicted to remain weak in the 2020 – 2021 period, despite aggressive monetary easing by […]
Read MoreSINGAPORE: Singapore banks will extend debt relief for individuals and small-to-midsized businesses beyond the end of the year to support borrowers hardest hit by the coronavirus pandemic. The measures, set to expire on Dec 31, will now progressively end over 2021, the Monetary Authority of Singapore (MAS) said in a statement. The extended programme will […]
Read MoreThe consumer price index (CPI), a gauge of headline inflation, fell for the seventh straight month in September, primarily driven by a decrease in energy prices, especially retail gasoline and electricity bills. Pimchanok Vonkorpon, director-general of the Trade Policy and Strategy Office, said key contributing factors to the September figure included a price fall in […]
Read MoreThe Royal Government will stand by its forecast that the economy will not contract by more than -1.9 percent this year. In addition, it has forecasted that positive growth will return in 2021 with an estimated 3.5 percent. MEF spokesman Meas Soksensan, told Khmer Times that the government will stand by its forecast made earlier this year. […]
Read MoreMANILA, Philippines — The peso is expected to remain resilient as it continues to emerge as the strongest performing currencies in the region amid the pandemic, according to the Bangko Sentral ng Pilipinas (BSP). In an interview with ANC’s Market Edge, BSP Governor Benjamin Diokno said “things are looking good with respect to the peso” […]
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Thailand
