The Consumer Price Index (CPI) in March 2020 increased by 1.6 per cent year-on-year compared to March last year. Prices of food and non-alcoholic beverages increased by 1.1 per cent following the increase in prices of meat (2.1 per cent); milk, dairy products and eggs (1.6 per cent); vegetables (19.9 per cent) as well as […]
Read MoreIndonesian borrowers are selling a record amount of dollar bonds, as the country’s strong fiscal track record in recent years fuels optimism on its ability to weather the COVID-19 crisis. Including the sovereign, note sales in the US currency from Indonesia this year total more than $15 billion, a year-to-date record and almost three-times the […]
Read MoreMANILA, Philippines — Fitch Ratings has taken negative ratings action on state-run Land Bank of the Philippines and Development Bank of the Philippines (DBP) as well as privately-owned China Banking Corp. and Philippine National Bank (PNB) as the coronavirus disease 2019 or COVID-19 outbreak is expected to take its toll on the economy and the […]
Read MoreKUALA LUMPUR, May 13 — Malaysia has a good track record with regards to fiscal consolidation, and the government has a proven track record of continuous commitment to medium-term fiscal consolidation plan, said Bank Negara Malaysia (BNM). According to BNM governor Datuk Nor Shamsiah Mohd Yunus, the government had embarked on fiscal consolidation in 2010, […]
Read MoreThe Myanmar government has signalled its intention to tighten up corporate discipline by removing more than 800 companies from the official register for failing to submit their annual returns on time. The Directorate of Investment and Company Administration (DICA) said on May 9 it had removed 810 companies from the register for not filing their annual […]
Read MoreThe Hanoitimes – Lower policy rates would enable commercial banks to cut interest rates in a more sustainable way, which in turn contribute significantly to economic recovery, said a central bank official. Vietnam’s solid macro-economic base has created room for the State Bank of Vietnam (SBV), the country’s central bank, to maneuver its monetary policy and […]
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Thailand
