KUALA LUMPUR, June 26 — Malaysia’s exports are projected to hit US$425 billion (US$1=RM4.68) by 2030 at an annual growth rate of 6.8 per cent, said Standard Chartered. The country would be a key driver of global trade growth which is set to reach US$32.6 trillion with a growth rate of 5 per cent by […]
Read MoreBrunei Darussalam ranked fifth in Muslim women-friendly destinations, according to Global Muslim Travel Index (GMTI) 2023 published this month. Malaysia led the Muslim women-friendly destination, underscoring its well-rounded appeal to Muslim women in terms of safety, no faith restrictions, and sustainable socio-economic practices. Following closely is Indonesia, which mirrors Malaysia’s score almost identically, signifying its […]
Read MoreJakarta (ANTARA) – Deputy Governor of Bank Indonesia (BI) Filianingsih Hendarta has said that digital economy and finance have become vital for achieving sustainable and inclusive economic growth. “Inclusive digital economy and finance acceleration will result in equal access to economic opportunities and participation. If managed well, we believe digital innovation can become a new source of […]
Read MoreThe country saw two-way trade of USD 1.086 billion in May, with gold bullion and gold bars being the most exported items, according to the Lao Trade Portal (LTP). The nation’s exports were valued at approximately USD 520 million, while its imports were estimated at USD 567 million, resulting in a trade deficit of USD 47 […]
Read MoreDeputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu says a bank officer told him that many businesses don’t have demand for capital and many want to give newly borrowed loans back. In the first six months of the year, SBV lowered the operating interest rate four times, paving the way for […]
Read MoreMANILA, Philippines — Economists of foreign banks expect a prolonged high interest rate regime in the Philippines, as they ruled out possible rate cuts by the Bangko Sentral ng Pilipinas (BSP) this year due to upside inflationary risks. Nalin Chutchotitham, economist for the Philippines and Thailand at Citi, said the BSP is likely to maintain […]
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Thailand
