JAKARTA, Feb 16 (Reuters) – Indonesia’s central bank kept its key interest rate unchanged on Thursday, pausing after six consecutive hikes and stressing that the current level should be sufficient to guide inflation back to target, while also revising up its economic growth outlook. Bank Indonesia (BI) left the benchmark 7-day reverse repurchase rate (IDCBRR=ECI) at 5.75%, […]
Read MoreMyanmar exported 85,585 tonnes of corn in January, earning more than US$25.7 million, the Myanmar Corn Industrial Association (MCIA) said on Tuesday (Feb 14) The country exported corn to China, Thailand, Vietnam, the Philippines, Bangladesh, Brunei, India and Nepal, it said. Myanmar shipped 77,620 tonnes of corn via sea routes, while the rest through land […]
Read MoreThe Cambodian Investment Board under the Council for the Development of Cambodia (CDC) recently approved investment proposals for 11 more companies, creating 11,000 jobs. The companies will have a total investment of $57.3 million. Nine of these are in the garment, footwear and travel goods (GFT) sector. CDC last year approved investment projects worth over […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is likely to raise its inflation forecast after the growth in consumer prices blew past expectations to hit a fresh 14-year high of 8.7 percent in January from 8.1 percent in December. During the public hearing of the Senate Committee on Banks, Financial Institutions, and Currencies […]
Read MoreVietnam’s farm, forestry and seafood exports, the most important export items of the country, totaled $3.73 billion in January, a decrease of $1.07 billion from the same period last year, according to the General Department of Customs (GDC). The agency also reported that Vietnam’s trade surplus reached $647 million in the month. All key export […]
Read MorePrime Minister of Laos Mr. Sonexay Siphandone was in talks with his Cambodian counterpart, Mr. Hun Sen during his recent official visit about the possibility of building a high-speed railway connecting both countries and also other nations in the region. According to Cambodianess, not only did the two prime ministers sign agreements and action plans to […]
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Thailand
