BENGALURU: Malaysia’s central bank will hold its policy interest rate unchanged at 2.75% on Thursday but lift it next quarter to a cyclical peak of at least 3.00%, according to a Reuters poll of economists. In a surprise decision in January, Bank Negara Malaysia (BNM) kept its benchmark rate unchanged, citing concerns over downside risks […]
Read MoreBrunei Darussalam’s positive economic growth forecast this year takes into account recovery and economic diversification efforts especially the downstream oil and gas industry relating to Hengyi Industries Sdn Bhd, Brunei Methanol Company Sdn Bhd and Brunei Fertilizer Industries Sdn Bhd. The forecast also considers internal and external factors such as the spread of a new […]
Read MoreGlobal corporate heavyweights in the country are enjoying tax rates of between 2.75 per cent to 5.95 per cent, far lower than the GMTR of 15 per cent. The implementation of GMTR abroad would cost Việt Nam a couple of billions of dollars in tax loss every year. HÀ NỘI — As many countries plan to adopt the […]
Read MoreMANILA, Philippines — Demand for the government’s short-term securities declined for the sixth consecutive week amid signals of continued rate hikes from the Bangko Sentral ng Pilipinas (BSP) as inflation remains stubbornly high. The Bureau of the Treasury yesterday made a partial award of P9.71 billion in T-bills, short of the P15 billion target. This […]
Read MoreTo make people financially literate and educated, the government of Cambodia has been making sustained efforts for some time. As a part of the plan, the country’s central bank and the association of microfinance institutions came together to launch a financial literacy project, recently. For common people, some of the basic elements of financial literacy […]
Read MorePETALING JAYA: “Inisiatif Pendapatan Rakyat” (IPR) or the People’s Income Initiative and “Menu Rahmah” are among the government’s strategic steps to beat food-outside-the-home inflation, says Economy Minister Rafizi Ramli. The minister said inflation for food outside the home had improved slightly from 9.6% in December 2022 to 9.3% in January 2023. “Although for me, the […]
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Thailand
