KUALA LUMPUR, Mar 13: The ringgit was higher against the US dollar today on mild buying for the local unit, following weak US wages data that pressured the greenback, a dealer said. At 9 am, the local note was quoted at 3.9020/9050 from Monday’s 3.9030.9060. “The market remains a range play with investors very cautious […]
Read MoreA meeting will be held with officials from the Saudi Arabia embassy with regards to Saudi Arabia imposing a temporary suspension on fishing imports from Myanmar, said U Than Myint, Union Minister of the Ministry of Commerce. “A meeting is planned with the economic counsellor of the embassy in Nay Pyi Taw, where the deputy-minister […]
Read More“One-for-one” interest rate hikes shouldn’t be expected if the US Federal Reserve decides to accelerate its policy tightening, the chief of the Bangko Sentral ng Pilipinas (BSP) said on Monday. Noting that “people seem to want us to follow,” central bank Governor Nestor Espenilla Jr. told reporters that the current Fed policy stance was “much […]
Read MoreKUALA LUMPUR: Prime Minister Datuk Seri Najib Tun Razak stressed that Malaysia’s debt is still manageable and does not exceed 55 per cent of the gross domestic product (GDP). Najib, who is also the Finance Minister, said the debt level is currently at 50.8 per cent of GDP. “This means, our debt is still manageable […]
Read MoreSingapore-based investment group Relken Alliance (S) Pte Ltd has inked an exclusive license agreement with the Hong Kong Cryptocurency Exchange Ltd (HKCCEX) to be the exclusive licensee of HKCCEX’s cryptocurrency trading system. With the three-year exclusive license agreement, The Digital Exchange (TDX) will be launched on 18 March 2018. Powered by HKCCEX’s cryptocurrency trading system, TDX […]
Read MoreMyanmar consumers in major cities evolved from a generation of necessity to a generation of need for social appearance and lifestyles, according to a Thai-based behavioural consulting research firm, which attributed the shift to the increase of disposable income of workers amid economic growth during the past few years. Envirosell Thailand, which conducted a study on […]
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