KUALA LUMPUR: The Covid-19 pandemic and tightening restrictions under the National Recovery Plan could see an increasing chance for Bank Negara Malaysia to cut the overnight policy rate by 25 basis points at its July 8 meeting. Wellian Wiranto, economist, global treasury – research & strategy at OCBC Bank said on Friday in the previous […]
Read MoreSINGAPORE (THE BUSINESS TIMES) – The amount of money directed into digital banking investments has shot up amid Covid-19 and efforts by banks to boost their online offerings, according to a new global study. The study by software firm Finastra found that 90 per cent of 785 financial service professionals surveyed globally said the pandemic had accelerated […]
Read MoreCambodia exported 132,174 tons of rubber between January and June year, a 5.7 percent increase over the same period last year. According to figures from the Minister of Agriculture, Forestry,and Fisheries, the average price of rubber during the period was $1,677 per tonnes. This was up 28.7 percent over the average price of the same period […]
Read MoreMANILA, Philippines — The continued downgrade of quarantine restrictions helped the manufacturing sector return to positive territory last month as more factories managed to operate at a much higher capacity. Market intelligence firm IHS Markit said the country’s headline purchasing managers’ index (PMI) stood at 50.8 in June, an improvement from the 49.9 recorded in […]
Read MoreVietnam’s consumer price index (CPI) in the first half of 2021 grew 1.47% compared with the same period last year, the lowest rate since 2016, according to the General Statistics Office. The core inflation, which excludes the prices of fresh food, energy and State-controlled healthcare and education services, edged up 0.87% versus the year-ago period. […]
Read MoreAirports of Thailand (AoT) is saying that it is ready to welcome international tourists under the Phuket sandbox tourism scheme, while revealing that air traffic at six of its airports dropped by 71% in the last fiscal year to the Covid-19 pandemic. These comprise Suvarnabhumi, Don Mueang, Phuket, Chiang Mai, Mae Fah Luang–Chiang Rai, and […]
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