JAKARTA: Indonesia’s central bank cut its key interest rate for a fourth straight month to spur the economy amid a deteriorating outlook for global growth. Bank Indonesia lowered the seven-day reverse repurchase rate by 25 basis points to 5% Thursday, as predicted by 23 out of 30 economists surveyed by Bloomberg. The rest had forecast […]
Read MoreMANILA, Philippines — The rise in consumer prices for the country’s poorest households continued to ease in September primarily due to lower cost of utilities, the Philippine Statistics Authority (PSA) reported yesterday. Inflation for the bottom 30 percent income households at the national level further slowed down to 0.9 percent in September from 2.3 percent […]
Read MoreSingapore has retained its place as second best on a World Bank ranking for the world’s easiest place to do business even as the overall pace of reforms in the East Asia and Pacific region slows. According to the World Bank Group’s latest Doing Business 2020 study, economies in the East Asia and Pacific region carried […]
Read MoreThe Hanoitimes – JLL believed that the good sentiment will bring new experiences to customers. International developers are eyeing Hanoi’s retail market on the back of Vietnam’s rapid economic growth and rising middle-class population. The sentiment is good thanks to technologies which are utilized to enhance customers experiences, Van Nguyen, Markets Director at JLL, said at a […]
Read MoreRecent reforms in Myanmar’s mining sector have given greater powers to states and regions. Following regulatory changes in 2018, the responsibility for issuing permits for artisanal and small-scale mines has shifted from Nay Pyi Taw to licensing boards overseen by state and regional governments. According to the mines law, artisanal mining refers to individuals working […]
Read MoreMANILA, Philippines — The Philippines reclaimed its highest ranking in the World Bank’s Ease of Doing Business (EODB) report, jumping a record 29 notches this year to rank 95th out of 190 economies across the globe. In the previous EODB report, the Philippines was at 124th place. Its overall score went up to 62.8 this […]
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Thailand
