Consumer confidence fell to the lowest level in 16 months in April as the public fretted over political instability and the slowing domestic economy. According to the latest survey by the University of the Thai Chamber of Commerce (UTCC), the consumer confidence index fell to 79.2 points last month, the lowest level since January 2018, and […]
Read MoreKUALA LUMPUR: RHB Investment Bank Bhd expects that Bank Negara would call for a 25-basis-point cut in the overnight policy rate (OPR) by year-end to ensure the sustainability of economic growth. Its head of regional equity research Alexander Chia, however, said the reduction would not further drag down the ringgit, which currently trades at around […]
Read MoreMANILA, Philippines — The Bureau of Customs has banned the importation of neutralized phosphogypsum in line with the government’s tightened monitoring and enforcement of rules to protect the country from the entry of hazardous materials to both human and the environment. Customs Commissioner Rey Leonardo Guerrero issued a memorandum stating that the importation of neutralized phosphogypsum is not included in the […]
Read MoreThe Hanoitimes – A sandbox would create an environment for new business models to prove its efficiency and contribution for socio-economic development. Vietnam would require a sandbox approach to evaluate and review comprehensively the impact of new economic practices on the market, said experts at Vietnam Private Economic Forum on May 2. The suggestion was made […]
Read MoreNational Planning Minister Bambang Brodjonegoro said Indonesia welcomed foreign investors for the development of a long-debated new capital city, a plan revived by President Joko “Jokowi” Widodo on Monday. “We will give priority to domestic resources, but we do not close the door to foreign investment,” Bambang, who also heads the National Development Planning Board […]
Read MoreMANILA, Philippines — Domestic manufacturing conditions weakened in April as output sank to a 19-month low, according to the latest Nikkei Philippines Manufacturing Purchasing Managers’ Index (PMI). The headline PMI for the Philippines weakened from 51.5 in March to 50.9 in April, the lowest reading in nine months. This is already approaching contraction level as […]
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Thailand
