Asian markets mostly rose with the dollar Monday following another record performance on Wall Street as investors cheered the prospect of a further massive stimulus for the US economy, with President-elect Joe Biden calling for a spending spree in the trillions of dollars. With vaccines being rolled out around the world and key risk events […]
Read MoreAGRICULTURAL prices have led a remarkable rally in commodity prices since the third quarter of 2020. Food inflation could lift rural incomes and employment, while triggering Asean governments to increase production and implement more food subsidies, said a Maybank Kim Eng (Maybank KE) report on Friday. The increases are visible in key commodities for Asean […]
Read MoreTHE global macroeconomic landscape has grown increasingly complex since the Asean+3 group – which includes 10 members of the Association of South-east Asian Nations plus China (including Hong Kong), Japan and South Korea – introduced the Chiang Mai Initiative Multilateralisation (CMIM), the bloc’s multicurrency swap arrangement, eight years ago. Moreover, since the 1997-98 Asian financial […]
Read MoreThe translation industry going from strength to strength in the Asia-Pacific region is well represented by the growth of an estimated global market currently valued at $56 billion, according to the latest report by trend analyst site MemoQ. The report said that the region remains one of the fastest-growing language service provider (LSP) markets, with […]
Read MoreKUALA LUMPUR: Prolonged lockdowns and social distancing measures are forecast to cap global gross domestic product (GDP) growth this year, making it unlikely that a return to pre-Covid-19 economic growth and trade activity to take place before late 2021. In South-East Asia, growth would likely be constrained by social distancing measures but restrictions would continue […]
Read MoreAsean Capital Markets Forum (ACMF) is prioritising transparency, regulatory harmonisation and capital building for its next five-year action plan, aiming to sustainably grow regional capital markets and support environmental, social and governance (ESG) transactions. Ruenvadee Suwanmongkol, secretary-general of Thailand’s Securities and Exchange Commission (SEC), attended the 33rd ACMF Chairs Meeting virtually yesterday to endorse five […]
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