[JAKARTA] Indonesian Finance Minister Sri Mulyani Indrawati said on Tuesday that authorities are prepared to use all measures they implemented during the 2008 global financial crisis to stabilise financial markets. The options include buying back government bonds, she told reporters. “We will guard the market mechanism so its integrity remains intact, while preventing excessive profit-taking […]
Read MoreKrungsri Finnovate, the corporate venture capital arm of Bank of Ayutthaya, has announced it invested an undisclosed sum in Grab and will collaborate to provide financial services on Grab’s platform. Mitsubishi UFJ Financial Group Inc announced previously it will invest up to US$706 million in Grab through MUFG Bank, MUFG Innovation Partners and Krungsri Finnovate […]
Read MoreNew cost, insurance, and freight (CIF) values for imported vehicles will be announced soon, the Customs Department announced yesterday. The values will be used by the Customs Department to calculate duties on imported vehicles and can significantly influence prices. The values are being updated as customs duties on vehicles imported into Myanmar had been calculated […]
Read MorePETALING JAYA: Ongoing worries over the economic fallout from the Covid-19 outbreak and a plunge in global crude oil prices hammered asset classes in Malaysia with the stock and the palm oil markets landing body blows from the global rout. Oil prices tanked by more than 30%, sending the FBM KLCI sinking by 58.94 points […]
Read MoreMANILA, Philippines — The Pharmaceutical and Healthcare Association of the Philippines (PHAP) has reiterated its commitment to ensure stable supply and prices of medicines and vaccines following the declaration of a state of public health emergency throughout the country amid increasing cases of coronavirus disease 2019 (COVID-19). “Our members commit to exert all efforts to […]
Read MorePrime Minister Hun Sen has called on the nation’s micro-financial institutions and commercial banks to consider the suspension of loan repayments from garment workers who are being affected by the suspension of factories because of the COVID-19 outbreak. Speaking at the inauguration ceremony of National Road 55 in the Pursat province, the request was made […]
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Thailand
