KUALA LUMPUR: Bank Negara Malaysia maintained the overnight policy rate (OPR) of 1.75% at its monetary policy committee (MPC) meeting on Thursday as latest indicators point to improvements in external demand and continued consumer spending. In its statement on Thursday, Bank Negara said for Malaysia, latest indicators point to improvements in external demand and continued […]
Read MoreWASHINGTON – Singapore’s economy has been ranked the most free in the world this year in the Heritage Foundation’s 2021 Index of Economic Freedom, the second year in a row it topped the list. The Republic scored 89.7 points, with its overall score having increased by 0.3 points from 2020, primarily because of an improvement in […]
Read MoreS&P expects credit recovery this year MANILA, Philippines — S&P Global Ratings expects Philippine banks to build up their lending portfolio again this year after slumping for the first time in 14 years in 2020 due to uncertainties brought about by the COVID-19 pandemic. Nikita Anand, associate director at S&P, said in a webinar that […]
Read MoreAFP – Asian markets rose yesterday following the previous day’s losses but investors remain on guard over a possible correction as concerns about asset bubbles and a surge in inflation continue to play against progress in fighting Coronavirus. News of more vaccines coming on line and being rolled out, the expected passage of US President Joe […]
Read MoreTwo Bangkok-based business councils have demonstrated their commitment to join forces and ensure frictionless cross-border trade between Cambodia and Thailand amid tightened border controls imposed in the harsh times of the Covid-19 pandemic. On behalf of the Cambodia Business Council (CBC) which is slated to be launched by the Cambodian embassy in Bangkok in the […]
Read MoreThe Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) urges the government to speed up its decision on adopting a Covid-19 vaccine passport scheme to increase tourist arrivals, despite uncertainty over the effectiveness of such schemes. The group also wants the government to consider making travel bubble agreements with countries that have low or […]
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