The passing of the budget for the 2020 fiscal year highlights the growing importance of government stimulus in supporting the Thai economy. The delayed passage also means the boost from the planned increase in expenditure is heavily weighted to the latter quarters of the fiscal year that began on Oct 1, 2019. The package supports […]
Read MoreKUALA LUMPUR (Xinhua) – Malaysia’s natural rubber production increased 1.6 per cent year-on-year to 53,019 tonnes in November 2019, according to official data yesterday. Malaysian Statistics Department said in a statement that on monthly basis, the natural rubber production grew 9.3 per cent from 48,528 tonnes last October. Exports of Malaysia’s natural rubber fell 6.2 […]
Read MoreMyanmar is expected to grow at a rate of 6.4 percent in fiscal 2019-20 from as a result of higher government spending and private investments but a rising occurrence of conflict and violence could hold investors back, according to the World Bank’s Myanmar Economic Monitor report, released Tuesday. The report noted that the presence of […]
Read MoreMANILA, Philippines — Mortgage broker Nook yesterday launched its online platform, which seeks to provide a seamless loan application process for Filipinos looking to purchase housing units. “After more than a year of preparation and development, Nook is officially launching today and we’re bringing mortgage brokering services to the Philippines’ housing loan market,” Nook chief […]
Read MoreKUALA LUMPUR: The e-Tunai Rakyat programme kicked-off on a high note yesterday, with all three e-payment platforms involved reporting a surge in the number of users. Touch n Go eWallet, Boost and Grab Pay said that traffic volume had increased significantly since the programme commenced yesterday morning. “As of 12pm today (yesterday), our app has […]
Read MoreBANGKOK: Indonesia, Southeast Asia’s largest economy, is finally poised to take the title of the biggest equity market in the region. Its market value of $529 billion has nearly matched that of slumping Thailand, which snatched the top spot from Singapore in May, buoyed by a strengthening baht. With its currency giving back some gains […]
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