SINGAPORE – Singapore had another strong year for private equity (PE) deals in 2021 as the rest of South-east Asia also emerged out of the Covid-19-induced lull in 2020, said a report by global consultant Bain & Company. However, even as the fundamental growth story for Singapore and the region remains intact, some slowdown in […]
Read MoreMANILA, Philippines — The debt market, spooked by election tensions, rate hikes and inflationary pressures, has raised its lending costs across benchmark tenors. As of yesterday afternoon, Treasury yields for five-year bonds ballooned by 23.3 basis points to 5.75 percent, while that for the 10-year securities went up by 29.6 basis points to 6.4 percent, […]
Read MoreThe government will likely extend its diesel price subsidy programme that is due to end on May 20, Prime Minister Prayut Chan-o-cha said on Tuesday. He said the cabinet’s decision to lower the excise tax charged per litre on diesel by 3 baht has cost the government 5.7 billion baht in lost revenue each month […]
Read MoreBENGALURU, May 11 (Reuters) – Malaysia’s economic growth likely gathered pace in the last quarter, driven by stronger demand following a relaxation of COVID-19 measures, but a prolonged slowdown in China could have significant knock-on effects, a Reuters poll found. Southeast Asia’s third-largest economy is predicted to have expanded 4.0% in the January-March quarter compared […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has extended a peso rediscount loan facility amounting to P4.1 billion to a big bank to finance capital asset expenditures. After being snubbed over the past few months, a universal bank tapped the facility against its rediscounting lines in April. Rediscounting is one of the credit […]
Read MoreThe baht opened at 34.63 to the US dollar on Wednesday, dropping slightly from Tuesday’s close of 34.55. The currency is expected to move in a range between 34.50 and 34.70 on Wednesday, said Krungthai Bank market strategist Poon Panichpibool. Poon said the baht could weaken as the dollar strengthens. However, foreign investment has not […]
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Thailand
