KUALA LUMPUR: Malaysia’s central bank kept its benchmark interest rate unchanged on Wednesday, as expected, to support a steady recovery as the economy gradually reopens amid high COVID-19 vaccination rates. Bank Negara Malaysia (BNM) held its overnight policy rate steady at a record low of 1.75%, as predicted by all of 22 economists polled by […]
Read MoreBitkub Online Co became Thailand’s latest startup to notch up a valuation of more than $1 billion after it sold a majority stake to the nation’s biggest bank by market value. Bitkub’s coin tripled in value after the deal was announced. Siam Commercial Bank Plc said late on Tuesday that it will acquire 51% of Bitkub for […]
Read MoreAccording to the National Phytosanitary Database obtained from the General Department of Agriculture, in the first day of November, the total export of agricultural products reached 41,671.20 tons to 10 countries. Among them, the most exported products are: 16,000,000 tons of rice to Vietnam Three fresh potatoes 11,250,000 tons to Vietnam and Thailand 3,570.58 tons […]
Read MoreAlong with digital transformation, smart city has become one of the global standards for development and a solution to optimize resources for sustainable growth. As Vietnam is pushing for digital transformation at a national scale, smart city development is in fact a digitalization process within each city or urban area. “The promotion of smart city […]
Read MoreKUALA LUMPUR, Nov 3 ― The ringgit opened lower against the US dollar today ahead of the Bank Negara Malaysia’s (BNM) Monetary Policy Committee’s overnight policy rate (OPR) announcement and Federal Open Market Committee (FOMC) meeting. At 9.15am, the local note slipped to 4.1500/1535 versus the greenback from 4.1480/1495 at yesterday’s close. Bank Islam Malaysia […]
Read MoreMANILA, Philippines — The government will pursue amendments to the implementing rules and regulations or IRR of the Build-Operate-Transfer (BOT) Law to ensure that public-private partnership (PPP) projects implemented will not be disadvantageous to Filipinos. In a statement, the National Economic and Development Authority (NEDA) and the PPP Center said President Duterte has ordered the […]
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