PETALING JAYA: Malaysia’s gross domestic product (GDP) growth rate is expected to remain respectable in 2023 but will be at a slower rate year-on-year (y-o-y) and supported by the country’s broad and diversified domestic economy, says RAM Ratings Services Bhd. RAM Ratings senior economist and head of economic research Woon Khai Jhek estimated GDP for […]
Read MoreSalaries in logistics are likely to increase more than those in any other sector, according to a survey in Singapore. Mercer’s Total Remuneration Survey for the island state found logistics sector pay rises were likely to rise by 4.40% from 2022 to 2023 – surpassing pre-pandemic levels. This compared to rises in banking and finance of 4.27%, […]
Read MoreThe National Bank of Cambodia (NBC) and the Bank of the Laos P.D.R on Monday signed a Memorandum of Understanding (MoU) to develop bilateral financial innovation and payment systems in banking integration between the two countries in response to currently rising cross-border payments and transfers, said a release by NBC on Tuesday. Governor of NBC […]
Read MoreTHE Bangko Sentral ng Pilipinas (BSP) term deposit facility (TDF) inched up anew on Wednesday, days after it raised its policy rates. In a statement, the central bank said that the average rate of the one-week facility increased to 5.4921 percent and the two-week facilities to 5.6635 percent. These were at 5.0668 percent for the […]
Read MoreMany businesses are complaining about the shortage of cash, but real estate firms are keeping cash in their coffers. Hoang Huy Investment Financial Services JSC (TCH) Chairman Do Huu Ha has approved a plan to pay cash dividends for the 2022 fiscal year with 12 percent at maximum, or VND1,200 per share. With 668 million […]
Read MoreSINGAPORE – Singapore’s key consumer price gauge rose 5.1per cent in October, slightly less than forecast and marking the first easing in eight months, official data showed on Wednesday (Nov 23), due to smaller rises in prices of utilities, retail, other goods and services. Analysts had said the reduced pace of increase should leave some space […]
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Thailand
