Baht speculation has been declining after the central bank’s recent measures to manage local currency movement and a policy rate cut, says the Bank of Thailand. Foreign portfolio investment registered net outflows over the past few months, in line with lower Thai government bond yields. Offshore net outflows in debt securities were registered at US$655 […]
Read MoreDESPITE Singapore’s economic slowdown and downside risks ahead, private home prices rose for the second consecutive quarter, with at least one analyst saying this might prompt the government to respond with more cooling measures. The Urban Redevelopment Authority’s (URA) flash estimate for the third quarter of 2019 shows that its overall price index for private […]
Read MoreMANILA, Philippines — Inflation may decline to as low as one percent in September from 1.7 percent in August with the higher oil prices due to the attacks in Saudi Arabia oil facilities as well as the impact of the African Swine Fever (ASF) outbreak seen to have minimal impact on consumer prices, according to […]
Read MoreThe Hanoitimes – While the Vietnamese manufacturing sector has been one of the best performers globally in recent months, the slowdown in global trade flows amid trade tensions between the US and China is starting to impact firms. The headline Nikkei Vietnam Manufacturing Purchasing Managers’ Index (PMI) fell to 50.5 in September, signaling only a marginal […]
Read MoreTraders at the Myanmar-China border were encouraged to use the kyat and renminbi as the main means of commerce and exchange at a financial workshop organised by the Industrial and Commercial Bank of China Limited (ICBC) and the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI), last week. “As Myanmar’s main border […]
Read MoreConsumer goods giant PT Unilever Indonesia is planning to split its stocks in order to make them more affordable to retail investors. “We think that the current share price is too high; that’s why we feel that we need to split them,” said director Sancoyo Antarikso in a statement on Monday. The company’s stock, listed […]
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