JAKARTA: Indonesia’s central bank will keep its benchmark interest rate at a record low on Thursday (Aug 19) as it tries to continue to support the economic recovery without adding more pressure on the rupiah amid United States tapering concerns, a Reuters poll showed on Monday. All but one of 24 analysts surveyed by Reuters […]
Read MoreGoods have been moving through Vietnam’s numerous seaports without hiccups despite the COVID-19 pandemic, said the Vietnam Maritime Administration (VMA). During the first seven months of this year, some 425 million tonnes of goods have been moved through seaports across the country, a six per cent increase from the same period last year. Of which, exports […]
Read MoreThe locally-listed operator of Cambodia’s flagship deep-sea port, Sihanoukville Autonomous Port (PAS), reported strong business performance in the second quarter of this year ended June 30, reflecting the recovery of the regional and global economies. In a financial report filed to Cambodia Securities Exchange (CSX) on August 13, the state-owned enterprise (SOE) reported that it […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) may tolerate the weakening of the peso against the dollar to boost the competitiveness of exporters as the country continues to struggle to curb the spread of COVID-19, according to Fitch Solutions Country Risk & Industry Research. The local currency has depreciated by 4.7 percent since […]
Read MoreKUALA LUMPUR (BERNAMA) – The government will allow 11 types of business activities in the trade and distribution sectors to resume operations under Phase One of the National Recovery Plan (NRP) effective tomorrow, Malaysia Prime Minister Tan Sri Muhyiddin Yassin said. The business categories are namely car wash services; electrical and electronics stores; household items […]
Read MoreKUALA LUMPUR, Aug 16 — Malaysia remains on the right trajectory for further economic recovery boosted by the surge in external demand supported by electrical and electronics (E&E), petroleum, rubber products, palm oil and chemical products, the Ministry of International Trade and Industry (Miti) said. It said this was based on the Bank Negara Malaysia […]
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Thailand
