THAILAND’S central bank wants to continue normalising interest rates to build policy space, while a recent election and efforts to form a new government should have no bearing on monetary policy, a deputy governor said on Thursday (Jun 8). There is no need to wait and see what policies are formulated by the parties that […]
Read MoreVIETNAMESE lawmakers on Tuesday (May 9) urged the central bank to consider cutting policy rates further to support the economy and help the country meet its economic growth target for the year. Vietnam’s growth slowed from 5.92 per cent in late 2022 to 3.32 per cent in the first quarter of 2023, prompting the State […]
Read MoreTEMPO.CO, Jakarta – Indonesian Finance Minister Sri Mulyani Indrawati estimated that the country’s economic growth in 2023 will remain strong and even has the opportunity to grow above 5 percent. For the first quarter of 2023, she explained, the figure reached 5.03 percent, better than the fourth quarter of 2022 which was 5.01 percent. “It’s triggered by the […]
Read MoreMANILA, Philippines — The country’s unemployment rate declined in March while the quality of jobs improved, according to the Philippine Statistics Authority (PSA). In a briefing yesterday, national statistician Dennis Mapa said preliminary results of the PSA’s Labor Force Survey showed the unemployment rate was at 4.7 percent last March, down from 4.8 percent in […]
Read MoreKUALA LUMPUR: Malaysia’s industrial production in March rose 3.1% from a year earlier, above expectations, government data showed on Tuesday. March’s factory output had been forecast to expand 0.6%, according to 11 economists surveyed in a Reuters poll. – Reuters
Read MoreBanks have been steadily cutting deposit interest rates, which have reached around 8 per cent, a move aimed at reducing lending rates to support businesses. HCM CITY — Banks have been steadily cutting deposit interest rates, which have reached around 8 per cent, a move aimed at reducing lending rates to support businesses. The highest […]
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Thailand
