(Bloomberg) — Central banks in Indonesia and Malaysia are expected to keep their benchmark interest rates at record lows Thursday in case a resurgence of Covid drive by the omicron variant sets back growth. Bank Indonesia and Bank Negara Malaysia are likely to stay on hold at their first meetings of the year, reiterating their […]
Read MoreSINGAPORE – Employers are preparing to pay workers more as the economic outlook improves and to offset two looming threats to Singapore’s recovery: inflation and a talent crunch. Bosses plan to offer average pay rises of 3.8 per cent this year, up from 3.4 per cent in 2021, noted a survey that polled 456 local […]
Read MoreLast year, Vietnam’s disbursed amount of public funds stood at 77.3% of the year’s estimate, lower than in the same period of the previous year when 82.66% of the year’s allocations were disbursed. Slow disbursement of public funds has been a persistent issue for many years, for which a lack of preparation from the investment […]
Read MoreThe Commerce Ministry is putting chickens and chicken meat on the state price control list and rolling out more stringent measures for chicken raisers and slaughterhouses as well as feed meal factories, requiring them to declare their sales costs and stocks as part of efforts to deal with surging food prices. Commerce Minister Jurin Laksanawisit, […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) may shift to a tightening mode in the latter part of the year as the country emerges as the fastest growing economy in Southeast Asia, Malaysian financial giant Maybank said. Suhaimi Ilias, chief economist at Maybank, said the Monetary Board may start hiking interest rates by […]
Read MoreCOOLING-OFF periods for account detail changes and a minimum 12-hour delay for activating mobile tokens are among the security controls that Singapore banks will have to put in place within the next fortnight. This is in accordance with additional measures introduced by the Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore […]
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Thailand
