BOOSTED by a stronger Singapore dollar, the Republic is now Asia’s second most expensive city for luxury living, up from third place previously, according to private bank Julius Baer’s latest wealth report. The 2018 wealth report tracks the luxury expenditure trends of Asia’s high net worth individuals, defined as those with net investable wealth of […]
Read MoreThe Commerce Ministry has set the country’s headline inflation rate for 2019 at 0.7-1.7%, driven by higher energy and farm prices. The Trade Policy and Strategy Office announced yesterday the 2019 inflation rate will be based on a median average of 1.2%. The forecast was made assuming GDP growth of 3.5-4.5%, crude oil prices averaging […]
Read MoreThe Hanoitimes – The objectives must be closely related with the development of a facilitating state that operates in a transparent, dynamic, creative and efficient manner, stated Nguyen Chi Dung, minister of Planning and Investment. Vietnam’s government remains steadfast in comprehensive economic reform and innovation, focusing on stabilizing macro economy and development policies for rapid and […]
Read MoreCoordinating Economic Minister Darmin Nasution expects inflation to come in below 3 percent this year, thanks to control over the prices of major commodities. “I project that this year’s inflation rate will be more or less 3 percent. I think it will be less,” Darmin said on Monday, as quoted by kontan.co.id. Statistics Indonesia (BPS) announced […]
Read MoreThe Central Bank of Myanmar (CBM) said foreign banks are free to set their own interest rate as long as those loans are in foreign currencies. Foreign banks with branches in the country are now allowed to do wholesale banking services and other financial services, according to the latest Directive issued by the CBM last […]
Read MoreA researcher from Yayasan Kehati (Biodiversity Foundation) has called on stakeholders in the country’s palm oil business to listen to the aspirations of foreign buyers, who have voiced concern over the production of Indonesia’s flagship commodity. Ichsan Saif, Yayasan Kehati’s environmental policy researcher, said foreign buyers’ concerns should not always be treated as a negative […]
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Thailand
