Thai businesses operating in Myanmar have been advised to seek funding sources in Thailand or other countries after the Central Bank of Myanmar (CBM) suspended loan repayment in foreign currencies. The Department of International Trade Promotion (DITP) director-general Phusit Rattanakul Seriroengrit said on Tuesday that CBM asked commercial banks across the country on July 13 […]
Read MoreMany home buyers are disappointed as house prices have been escalating far beyond their financial capability. In 2019, after reading an ad about a project in Linh Dam, Do Van Hai from Hung Yen province decided that he would buy an apartment there. With VND1.5 billion, he believed that a two-bedroom apartment was within reach. […]
Read MoreSINGAPORE – Singapore’s central bank believes inflation may abate next year, but warned that if prices and wages continue to remain elevated a deeper cut in economic growth could be needed to achieve stability. “Inflation is expected to ease in 2023 as major central banks withdraw policy accommodation and supply challenges are addressed. However, the […]
Read MoreBENGALURU: Bank Indonesia is likely to hold rates at a record low on Thursday, but one in three economists polled by Reuters expected a 25 basis-point hike to shore up the rupiah currency and guard against capital outflows stemming from aggressive U.S. rate hikes. Faced with relatively low inflation, Bank Indonesia will wait at least […]
Read MoreCompetition in the express delivery segment is expected to intensify later this year with some operators now employing a price cut strategy to attract customers as fuel prices are cooling down. SET-listed Kerry Express (Thailand) recently reduced the starting price for the delivery of items in a sealed bag “A” (measuring 32 centimetres by 23cm), […]
Read MoreKUALA LUMPUR: Malaysia is one of the Asean countries with low inflation rate which is manageable compared with other parts of the world such as the United States, which rose to new peak of 9.1 per cent in June 2022 and Turkiye which rose to nearly 80 per cent last month. Former Alliance Bank Malaysia […]
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