ALL but one of the six banks that have reported for the year’s opening quarter have enjoyed strong earnings growth, benefiting from the country’s sustained economic growth that is driving demand for new loans, bank executive say. The five listed commercial banks on the plus side of the ledger posted solid growth in net profit […]
Read MoreThe Energy and Mineral Resources Ministry has revised its investment target this year by 27 percent to only US$37.2 billion, with the biggest cut of more than 50 percent coming from the electricity sector. The ministry initially aimed to realize investments worth $50.96 billion this year, of which $24.88 billion was expected to be in […]
Read MoreThe Ministry of Planning and Finance (MOPF) on Wednesday sent letters to all Union-level ministries and departments requesting data on the number of civil servants, actual salaries paid and estimates on any additional expenditure such as pay hikes. The data is needed so that additional funds, if needed, can be allocated for those purposes under […]
Read MorePETALING JAYA: AmBank Research expects inflation to rise gradually driven by firmer commodity prices and tighter labour market conditions which should result in firmer wages and better disposable spending by households. “With our inflation projection between 2% and 2.5%, we expect Bank Negara to normalise its policy rate to 3.5%, most likely in September in […]
Read MoreForeign portfolio investments swung to a net inflow of $1.13 billion in March, the highest in more than three years, after the government successfully raised P12 billion ($230 million) from the maiden issuance of Panda bonds, the Bangko Sentral ng Pilipinas (BSP) reported yesterday. The latest figure was the highest since the country registered a […]
Read MoreCambodia has set a target of modernising the agricultural sector to make it more competitive with high productivity in the next twelve years, Agriculture Minister Veng Sakhon says. The government’s vision in 2030 sees agriculture transformed to make it more competitive in the market, and to be sustainable to ensure food security, safety, and nutrition […]
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Thailand
