KUALA LUMPUR: The World Bank expects Malaysia’s economy to grow by 6.7% next year after a projected contraction of 5.8% this year due to the impact of the Covid-19 pandemic. It said on Thursday the positive factors which could help underpin the recovery would be the successful containment of the third wave of the19 infections. […]
Read MoreMANILA, Philippines — Term deposit rates eased further across the board ahead of the last rate-setting meeting of the Monetary Board for the year as banks continued to take short-term positions due to the Christmas holidays, according to the Bangko Sentral ng Pilipinas. BSP Deputy Governor Francisco Dakila Jr. said the yield of the seven-day […]
Read More[JAKARTA] Indonesia’s central bank kept its key interest rates unchanged on Thursday, as expected, holding fire after providing five rounds of rate cuts to support the pandemic-hit economy this year. Bank Indonesia (BI) held the 7-day reverse repurchase rate at 3.75 per cent, the lowest since BI began using the instrument as its benchmark in […]
Read MoreThe Hanoitimes – Vietnam gives priority to a stable and sustainable trade-economic relation with the US, and will continue to work towards a harmonious and fair-trade relations under the bilateral action plan, stated the country’s central bank. Vietnam’s main objective of its foreign-exchange policy is to control inflation and stabilize the macro-economy, not for unfair trade […]
Read MoreThe Finance Ministry is assessing consumer demand for the co-payment scheme, with the possibility of launching a third phase of registration if necessary. “We are not closing in on increasing the number of eligible people by more than 5 million for a third-phase [registration],” said Finance Minister Arkhom Termpittayapaisith. Mr Arkhom’s remarks came after 5 […]
Read MoreABOUT 47,400 local jobseekers were placed into jobs from April to October under the SGUnited Jobs and Skills Package, with the healthcare sector seeing the highest number of placements. Of these job placements, there was a “good mix” of PMET (professional, manager, executive and technician) and non-PMET roles, with six in 10 in long-term positions, […]
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Thailand
