MANILA, Philippines — The government is eyeing to raise P140 billion next month through the regular issuance of securities in the domestic market, the Bureau of the Treasury (BTr) announced yesterday. According to the BTr, the government is planning to sell P80 billion worth of Treasury bills (T-bills) and P60 billion worth of Treasury bonds […]
Read MoreBank Indonesia (BI) still has the option to cut its benchmark interest rate further to aid the recovery of the pandemic-battered economy, after keeping its rate unchanged for four consecutive months, BI Governor Perry Warjiyo has stated. However, the central banker said, further cuts to the seven-day reverse repo rate (7DRRR) would depend on domestic and global […]
Read MoreMega hydropower and mining projects set to be implemented are among those to drive the economic recovery in 2021 after the severe impacts from Covid-19, Prime Minister Thongloun Sisoulith told the National Assembly (NA) on Tuesday. Large investment projects to be implemented along the nearly-finished Laos-China railway and Vientiane-Vangvieng expressway are additional important drivers as […]
Read MoreThailand’s manufacturing production index (MPI) gained momentum in September, increasing by 3.25% to 94.7 points from August, with household equipment and furniture among businesses that see bright prospects, says the Office of Industrial Economics (OIE). The gradual increase in MPI for the fifth consecutive month reflects the better situation in the manufacturing sector officials believe […]
Read MoreKUALA LUMPUR: The Statistics Department sees challenging conditions ahead for the Malaysian economy due to enforcement on the conditional Movement Control Order (CMCO) following the third wave of the Covid-19 outbreak. Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said on Wednesday that Sabah, Selangor, Kuala Lumpur and Putrajaya – which are under the CMCO […]
Read MoreDemand for organic products has been rising sharply globally including in Vietnam, and this is good news for businesses investing in them, according to the Ministry of Agriculture and Rural Development. Deputy Minister of Agriculture and Rural Development Tran Thanh Nam said the area under organic crops in the country had increased from 53,350ha in […]
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