KUALA LUMPUR: RHB Research expects ringgit to recover gradually over time, as it has overshot on the downside from its fundamental value. The research house said ringgit strengthened by 0.1% to the RM4.227 per US dollar level in the first week of November, after depreciating by 0.1% in October. “This was mainly due to […]
Read MoreMANILA, Philippines — Share prices ended flat yesterday as investors decided to stay on the sidelines following reports that headline inflation accelerated to a three-year high of 3.5 percent in October. The benchmark Philippine Stock Exchange Index (PSEi) closed 0.01 percent, or 1.26 points, lower at 8,521.81, while the wider All Shares index fell 0.04 […]
Read MoreDANANG — Special Administrative Economic Units in Vietnam will face challenges in raising funds from different sources and models in the context of limited State funds over the coming years. Research Director at the Fulbright Economics Teaching Programme in Vietnam, Vu Thanh Tu Anh, conveyed the message at a group session on Special Administrative Economic […]
Read MoreThailand will have a four-day break at the end of next month so revellers can relax and celebrate the New Year. The cabinet announced Tuesday the holiday will run from Dec 30 to Jan 2. “By tradition, if annual holidays fall on weekends, additional days are added,” said Lt Gen Sansern Kaewkamnerd, the government spokesman. […]
Read MoreThe Cambodian government will eliminate its export management fee in 2018, incurring an annual loss of $20 million in revenue, in order to stimulate the economy and reduce the cost of doing business in the Kingdom, according to the draft of the 2018 national budget. The elimination of the fee is expected to encourage investors […]
Read MoreTEMPO.CO, Jakarta – The Transportation Ministry is planning to build an airport in Sukabumi in 2019. Transportation Minister Budi Karya Sumadi said here on Tuesday that the ministry would survey the location for construction of the airport. “I have discussed with the regent regarding the construction of this airport. It could be between Sukabumi and Pelabuhan Ratu. We […]
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