BENGALURU (Reuters) – Bank Indonesia will deliver a third consecutive 50 basis point interest rate rise on Thursday, according to a strong majority of economists polled by Reuters, although some expected a smaller quarter-point move given the relatively strong currency. Despite easing slightly in October to 5.71%, inflation has stayed above the central bank’s target […]
Read MorePETALING JAYA: Economists expect the gross domestic product (GDP) growth momentum to ease from the fourth quarter of this year (4Q22) after posting a robust growth of 14.2% in the 3Q22. Having said that, they pointed out that the economic strength going forward would be buoyed by domestic demand. The GDP has beaten Bloomberg’s median […]
Read MoreThe Ministry of Transport this month submitted a report requesting approval to implement the master plan for Vietnam’s seaport system for the 2021-2030 period. In the report, the ministry (MoT) announced three lists of investment projects to develop seaport infrastructure, comprising 18 public investment projects in the maritime sector worth over $1 billion; a list […]
Read MoreXinhua – The 17th Group of 20 (G20) Summit, scheduled to take place here from Tuesday to Wednesday, is expected to build global consensus and bolster confidence in world economic recovery. Experts and business leaders worldwide pin their hope on major economies to strengthen coordination on macroeconomic policies and promote multilateralism, openness, inclusiveness and win-win cooperation. […]
Read MoreMANILA, Philippines — The Philippine central bank has joined the push for a regional payment connectivity among member economies of the Association of Southeast Asian Nations (ASEAN). The Bangko Sentral ng Pilipinas (BSP), Bank Indonesia (BI), Bank Negara Malaysia (BNM), Monetary Authority of Singapore (MAS) and Bank of Thailand (BOT) have agreed to strengthen and […]
Read MoreA visit to the Savannakhet Special Economic Zone C – Savan Park and Savannakhet Dry Port by Deputy Prime Minister Dr Sonexay Siphandone and his delegation marks an important step in the development of the site to becoming an international checkpoints. The visit was made to follow up the process of upgrading the Dry Port to […]
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Thailand
