MANILA, Philippines — DBS Bank Ltd. of Singapore and Japan’s Nomura expect the Bangko Sentral ng Pilipinas (BSP) keeping interest rates steady and ending its tightening cycle amid the downtrend in inflation that eased to an eight-month low of 6.6 percent in April from 7.6 percent in March. Chua Han Teng, economist at DBS, said […]
Read MoreThe Securities and Exchange Regulator of Cambodia (SERC) expects to formally authorise real estate investment trusts (REIT) within the year, in a move to boost the real estate and construction sectors, which have attracted a flurry of investment in recent years, according to its director-general Sou Socheat. A REIT is an investment vehicle that operates […]
Read MoreBoth benchmark indices continued to inch higher on Tuesday. HÀ NỘI — Benchmark indices extended gains on Tuesday, but sell-offs in some large-cap stocks and lower liquidity pared the rally trend. The VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) ended slightly higher at 1,053.77 points, an increase of 0.33 points, or 0.03 per […]
Read MoreThe Ministry of Agriculture and Forestry in Laos has exported over three million tons of agricultural products in the first three months of 2023. Bounchan Kombounsalued, Director of the Plantation Department, Ministry of Agriculture and Forestry, informed the public that the Ministry was able to export 3,032,517 tons of agricultural products, until March this year. […]
Read MoreKUALA LUMPUR: Malaysia’s gross domestic product (GDP) growth for the first quarter of 2023 (1Q23) is expected to record 5.6% versus 5% in last year’s corresponding quarter, says Bank Islam Malaysia Bhd (BIMB). Such compelling growth in 1Q23 is bolstered by strong domestic demand coupled with moderating inflation amid facing external headwinds, the bank said […]
Read MoreThe cabinet has approved Asean’s joint plans to push for the use of local currencies for payments in the region. According to deputy government spokeswoman Rachada Dhnadirek, the cabinet approved the draft of the “Asean Leaders’ Declaration on Advancing Regional Payment Connectivity and Promoting Local Currency Transaction” yesterday. The Asean leaders are scheduled to consider endorsing […]
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Thailand
