Indonesia’s foreign debt rose in January due to an increase in the government’s net borrowing, mainly through the issuance of government debt papers (SBNs). According to data released by Bank Indonesia on Monday, the country’s foreign debt, which includes borrowing by both the government and the private sector, was up 7.5 percent year-on-year (yoy) at […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is seen cutting interest rates by 50 basis points or more on Thursday to cushion the impact of the coronavirus disease 2019 or COVID-19 on the economy. BSP Governor Benjamin Diokno said in a television interview that monetary authorities have enough space as the Monetary Board […]
Read MoreThe Hanoitimes – The cut is made to refinancing interest rate, discount interest rate, and interest rate applicable to overnight loans, starting effective from today. The State Bank of Vietnam, the country’s central bank, has decided to cut its policy interest rates by 50 – 100 basis points as the Covid-19 epidemic is taking a heavy […]
Read MoreOnline businesses – even individuals – using the Facebook platform in Cambodia to sell products and services face being taxed like officially registered enterprises. Kong Vibol, director general of the General Department of Taxation at the Ministry of Economy and Finance, insisted ay transaction involving a profit is subject to register with the tax administration. […]
Read MoreSINGAPORE exports were back in positive territory in February 2020, thanks to a growth in both electronics and non-electronics shipments. Non-oil domestic exports (NODX) rose 3 per cent year-on-year in February, reversing from a 3.3 per cent decline in the previous month, according to figures released by Enterprise Singapore on Tuesday. Electronics exports increased by 2.5 per cent […]
Read MoreMALAYSIA is restricting movement nationwide for two weeks from March 18 to fight the Covid-19 outbreak. Entry restrictions will be in place, and all shops will close, with the exception of those selling food and daily essentials. Schools, private businesses and government departments will also close, except for those providing essential services. Malaysian Prime Minister […]
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Thailand
