Indonesia’s central bank governor Perry Warjiyo said on Friday (Dec 2) inflation expectations were coming down rapidly after Bank Indonesia (BI) started hiking interest rates aggressively four months ago. He told a central banking forum in Bangkok that the consensus forecast for Indonesia’s inflation was at 6.9 per cent four months ago, but now is […]
Read MoreForeign capital keeps flowing into Vietnam through many different channels, helping investors regain their confidence in the stock market and the economy. The stock market on November 29 saw strong selling pressure with the VN Index at times falling after climbing to the 1,000-point threshold in the previous trading session. However, cash flow into the […]
Read MoreThe Eastern Economic Corridor (EEC) Office is speeding up efforts to encourage companies to join the government in transforming the economic zone into Thailand’s high-tech industrial hub. Co-investment between businesses and the government is key to the goal, said Kanit Sangsubhan, special advisor for the EEC’s strategic planning. Authorities will allocate 5% of the state budget […]
Read MoreMANILA, Philippines —  The country’s manufacturing activity picked up slightly in November from the previous month on improved demand conditions, but elevated prices continue to pose challenges for the sector. According to the report released by S&P Global Market Intelligence yesterday, the Philippines’ manufacturing purchasing managers’ index (PMI) was at 52.7 in November, up from […]
Read MoreIn the post-Pol Pot regime (1975-1979), the circulation of riel has increased remarkably, especially in the rural economy as the government has unleashed and implemented necessary measures to promote the usage of riel, a top official of the National Bank of Cambodia (NBC) said. The measures taken by the government include payment of civil servants’ […]
Read MoreRESIDENTIAL property owners in Singapore are poised to pay higher property taxes next year, with the annual values of both private and public housing rising in tandem with surging market rentals. Annual values (AV) of most residential properties will be revised upwards from Jan 1, 2023, as part of the Inland Revenue Authority of Singapore’s […]
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