[JAKARTA] Indonesia’s central bank kept its key interest rates unchanged on Thursday, as expected, holding fire after providing five rounds of rate cuts to support the pandemic-hit economy this year. Bank Indonesia (BI) held the 7-day reverse repurchase rate at 3.75 per cent, the lowest since BI began using the instrument as its benchmark in […]
Read MoreThe Hanoitimes – Vietnam gives priority to a stable and sustainable trade-economic relation with the US, and will continue to work towards a harmonious and fair-trade relations under the bilateral action plan, stated the country’s central bank. Vietnam’s main objective of its foreign-exchange policy is to control inflation and stabilize the macro-economy, not for unfair trade […]
Read MoreThe Finance Ministry is assessing consumer demand for the co-payment scheme, with the possibility of launching a third phase of registration if necessary. “We are not closing in on increasing the number of eligible people by more than 5 million for a third-phase [registration],” said Finance Minister Arkhom Termpittayapaisith. Mr Arkhom’s remarks came after 5 […]
Read MoreABOUT 47,400 local jobseekers were placed into jobs from April to October under the SGUnited Jobs and Skills Package, with the healthcare sector seeing the highest number of placements. Of these job placements, there was a “good mix” of PMET (professional, manager, executive and technician) and non-PMET roles, with six in 10 in long-term positions, […]
Read MoreWASHINGTON: The US Treasury labeled Switzerland and Vietnam as currency manipulators on Wednesday and added three new names, including Thailand, to a watch list of countries it suspects of taking measures to devalue their currencies against the dollar. In what may be one of the final broadsides to international trading partners delivered by the departing […]
Read MoreVietnam currently has 16 finance companies, including six fully foreign owned ones. The profitability of most consumer finance companies is high. Finance and financial leasing companies had the highest rates of return on assets and return on equity in 2019 of 3.02 per cent and 13.83 per cent, or 15-25 per cent higher than banks’ […]
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Thailand
