KUALA LUMPUR: OCBC Bank Research expects Bank Negara to likely reduce the overnight policy rate (OPR) by 25 basis points to 1.50% at its Jan 20 monetary policy committee meeting due to the weaker economic outlook. The bank’s global treasury, research and strategy economist Wellian Wiranto said in his latest report that there could be […]
Read MoreThe Hanoitimes – Vietnam Electricity will conduct price marketization to encourage investment in electricity industry and follow the State-regulated market mechanism. Vietnam will officially run the competitive retail electricity market in 2023 as part of efforts to make the power sector more transparent and effective in comparison with the regional peers. Vietnam Electricity (EVN), the country’s […]
Read MoreThe Bank of Thailand has extended financial relief measures to individual borrowers until June this year, aiming to ease financial burdens stemming from a new round of the domestic Covid-19 outbreak. Ronadol Numnonda, deputy governor for financial institutions stability, said the central bank has extended and added financial relief measures to both retail and commercial […]
Read MoreThe government of Myanmar will announce the Economic Relief and Reform Plan, Daw Aung San Suu Kyi, the State Counsellor of Myanmar, said in her address to the National Tourism Development Central Committee’s meeting held on January 8. “We will issue a Myanmar Economic Relief and Reform Plan, which includes plans to remedy the impact […]
Read MoreMobile operators have agreed to roll out a low-cost monthly unlimited data usage package on tools that support people working from home, waiving data usage charges when subscribers use the contact-tracing app Mor Chana, as part of efforts to ease people’s financial burden during the new outbreak. Telecom operators are also working to upgrade fixed […]
Read MoreSINGAPORE may not be too greatly affected by Malaysia’s state of emergency and its reintroduced Movement Control Order (MCO) curbs amid the Covid-19 pandemic, with the most significant impact likely to be on movement of manpower, said economists. “Malaysia’s state of emergency and MCO should only have a small negative impact on Singapore,” said Maybank […]
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