JAKARTA: Indonesia’s central bank held its key interest rate unchanged yesterday, emphasising that the current level should be sufficient to guide inflation back to within its target range later this year. Bank Indonesia kept the benchmark seven-day reverse repurchase at 5.75%, as expected by the majority of economists in a Reuters poll. Its two other […]
Read MoreBSP key rate hits 6% MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) remained hawkish as it raised key policy rates by another 50 basis points yesterday to hit its highest level in almost 16 years, a strong follow-through monetary policy response as inflation is now expected to accelerate further to above six percent […]
Read MoreThe value of two-way trade between Laos and Cambodia reached US$210 million in 2022, up from US$160 million in 2021, according to a report in the Phnom Penh Post. “Market platform Trading Economics indicates that imports from Laos of items in the “mineral fuels, oils, distillation products” category – or Chapter 27 of the Harmonised […]
Read MoreThe rapid depreciation of the baht has helped stocks in the export sector, say analysts, warning the currency is under pressure to slide further, resulting in continued outflows from the Thai stock market. Investors are advised to monitor US economic data that could influence investment and interest rate trends. For example, US inflation in January was […]
Read MoreKUALA LUMPUR: While economists agree that Malaysia is on track to become a high-income nation by 2026 if economic growth stays above 4% over the next three years, there remain critical challenges such income inequality, attracting more private investments and ensuring that inflation and currency issues are dealt with. Sunway University economics prof Yeah Kim […]
Read MoreMANILA, Philippines — The Philippines has reaffirmed its commitment to international tax transparency standards as it intends to join the Global Forum’s Asia Initiative. By joining the initiative, Finance Secretary Benjamin Diokno said that the Philippines reaffirms its commitment to the full and effective implementation of international tax transparency of the Global Forum as well […]
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Thailand
