PETALING JAYA: Inflationary pressure is expected to remain subdued in the near term, which will allow Bank Negara to maintain the overnight policy rate (OPR) at the current level this year. AmBank Group chief economist Anthony Dass said he believed the potential inflationary pressure from the cost side would remain subdued due to the absence […]
Read MoreFirms with well-managed accounts, data and documents will receive the necessary recommendations needed for them to apply for loans. However, it will still take a while for firms without a credit history to receive a recommendation from the credit bureau if their books are not in order, U Kyaw Soe Min, chair of the newly […]
Read MoreAfter nearly a year of operations, Exchange Square – the $100 million, 39,700-square-metre development by Hongkong Land – had its official launch on Thursday. Located in the heart of Phnom Penh’s financial district, Exchange Square has announced that it currently has an occupancy rate of 80 percent, with it expected to be fully occupied by […]
Read MoreMajor consumer goods makers have confirmed they will continue capping the prices of their products for the interim despite transport costs rising 5% on higher diesel prices. Commerce Minister Sontirat Sontijirawong said representatives from 10 manufacturers with whom he met Thursday have all pledged not to raise product prices temporarily, as higher diesel prices have yet to […]
Read MoreSINGAPORE: Singapore’s economy grew at a slightly faster pace in the first quarter than initially estimated, as factory activity remained robust, while an improvement in global demand prompted the government to upgrade its 2018 growth forecast. The economy grew 1.7% in the January-March quarter from the previous three months on an annualised and seasonally adjusted […]
Read MorePETALING JAYA: Malaysia’s total debts amounted to RM1.087 trillion, or 80.3% of gross domestic product (GDP), at the end of last year after official debt, contingent liabilities and lease payments for public-private partnerships were tabulated together. In explaining the breakdown of the country’s liabilities, the Finance Ministry said official debt amounted to RM686.8bil (50.8% of […]
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Thailand
