KUALA LUMPUR (Jan 24): Fitch Solutions Country Risk and Industry Research said Monday (Jan 24) that it continued to expect Bank Negara Malaysia (BNM) to hike its overnight policy rate (OPR) by 50 basis points to 2.25% in 2022, in order to rebuild policy buffers and maintain ringgit stability. The affiliate of Fitch Ratings Inc said […]
Read MoreThe inflation rate in Laos in December was higher than any other month in 2021, climbing to 5.3 percent. Increasing inflation has had a direct effect on the cost of living in Laos, Lao Youth Radio reports. According to the Lao Statistics Bureau, the inflation rate in October was 4.72%, increasing to 5.04% in November before reaching […]
Read MoreCambodia will see a focus on cleaner production, smart cities, new forms of financing and a move to more affordable properties this year, according to real estate company CBRE Cambodia. In its ‘Fearless Forecast 2022: Foundations of a Tiger’ it came up with ten predictions for the year ahead. After a slowdown in high-end condominium […]
Read MoreIn business activities, Vietnam is assessed to be competitive in terms of phone costs, labor costs, and operating costs compared to other countries in Asia. TMX, a business transformation consulting firm in Asia Pacific, has released a report providing insights into the average cost of doing business in Asia. The report focuses on assessing the […]
Read MoreMANILA, Philippines — The Philippine economy is expected to have recorded a significant bounce back in the fourth quarter last year amid better mobility and increased consumption. In its latest weekly brief, Capital Economics said the country’s gross domestic product (GDP) likely grew faster at 7.3 percent in the last quarter of 2020. The government […]
Read MoreThe exit of the energy giants TotalEnergies and Chevron from Myanmar’s billion-dollar gas industry has been hailed by rights groups, but analysts say it will not significantly weaken the generals and may even enrich the military in the short term. Both firms had faced pressure to cut financial links with the junta that toppled Aung […]
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Thailand
