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Brunei: Total trade sees 33pc increase in January

BRUNEI Darussalam’s total trade in January 2019 increased by 33.3 per cent to BND1,436.7 million compared to January 2018. Total exports increased year on year by 27 per cent to BND952.6 million (January 2019) from BND749.8 million (January 2018). This was mainly attributed to the increase in the exports of crude oil and liquefied natural […]

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Thailand: Operators upbeat on tourism sector

Operators have a more optimistic outlook for this year’s tourism sector, with over 40 million international arrivals anticipated despite a slowdown in the first quarter and unclear election results.  The strong baht and global economic doldrums slowed growth in international arrivals during the first quarter of this year, estimated at 10.9 million, a 2.9% rise year-on- year, […]

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Malaysian palm oil price falls to 1-week low as high stocks weigh

KUALA LUMPUR: Malaysian palm oil futures slipped to a more than one-week low at one point on Thursday as high inventory levels continued to weigh on the market. The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange was down 0.8 percent at 2,120 ringgit ($520) a tonne by the close of trade, after hitting a more than one-week low of 2,106 ringgit earlier in […]

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How banking will affect foreign equity in Myanmar

As part of ongoing efforts to liberalise the financial services industry and increase credit to the private sector, the Central Bank of Myanmar (CBM) has introduced regulations to facilitate foreign investment in domestic lenders. On January 29 the CBM issued Regulation No 1/2019, allowing foreign banks and financial institutions to hold equity of up to […]

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Singapore bank lending up 0.2% in Feb: MAS preliminary data

BANK lending in Singapore increased by 0.2 per cent from a month ago, reversing from a slight contraction in January, preliminary data from the Monetary Authority of Singapore showed on Friday. Loans through domestic banking units – which captures lending in all currencies, but reflects mainly Singapore-dollar lending – stood at S$672 billion in February, compared with […]

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