JAKARTA : Economists surveyed in a Reuters poll expect Indonesia’s May trade surplus to shrink from the previous month, following a decline in exports because of weakening commodity prices. The median expectation of the 19 economists was for the trade surplus in Southeast Asia’s biggest economy to fall to $3.02 billion from $3.94 billion in […]
Read MoreTHAI central bank officials said on Wednesday (Jun 14) the policy rate is not yet at a “neutral level” and that it would focus more on medium-term economic data. “The committee will look at the impact in the future, medium-term orientation,” assistant governor Piti Disyatat said at an analysts’ meeting. The central bank gives more […]
Read MoreReal estate was the next sector behind the market pickup as it saw lots of green on the screen. Major gainers included the trio stocks of the Vin family – Vinhomes (VHM), Vincom (VRE), Vingroup (VIC)- which climbed by 2.35 per ent, 1.5 per cent, and 1.31 per cent, respectively. HÀ NỘI — Markets were riding high […]
Read MoreMANILA, Philippines — Vehicle sales in the country remained on the uptrend in the five months of the year, growing by 31.5 percent. Latest data from the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and the Truck Manufacturers Association (TMA) showed that new motor vehicle sales reached 166,104 units from January to May, […]
Read MoreAnhui province, China: Laos will see more benefit from economic cooperation with China and Regional Comprehensive Economic Partnership (RCEP) member countries following the 2023 RCEP Local Governments and Friendship Cities Cooperation (Huangshan) Forum, held here on Friday. Cooperation will also be enhanced in industrial and supply chains to private companies, especially micro, small and medium-sized enterprises […]
Read MoreTHE Singapore dollar might depreciate against the Japanese yen, to under 100 yen in a 12-month horizon, which could boost the relative attractiveness of Japanese stocks to Singapore investors. The prevailing spot rate is 103.5. The Singapore dollar might first breach 105 yen – a level last seen in October – in the third quarter […]
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