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Thailand emerges as unlikely bond-flow magnet

Thailand’s sovereign bonds don’t yield much more than US Treasuries, they cost less to insure than Spanish notes and its currency is more stable than China’s managed yuan. In a sign of how the flood of money into emerging markets is upending conventional wisdom, military-run Thailand with a credit rating just three levels above junk at Moody’s […]

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Bank Indonesia: July’s Retail Sales Decline

TEMPO.CO, Jakarta – A survey conducted by Bank Indonesia (BI) shows that retail sales in July declined as the public consumption returned to normal after Ramadan and Eid al Fitri. The fact is reflected by the real sales index (IPR) that stood at 209.9 in July 2017, declining by 3.3 percent year-on-year. “The declining retail sales occurred in the food and non-food groups,” the central bank (BI) reported yesterday, Sept. 11. On the regional basis, the decline in IPR occurred […]

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ASEAN firms up RCEP stance, engages 6 dialogue partners

MANILA, Philippines — The 10-member Association of Southeast Asian Nations (ASEAN) have come out with a unified stance on the parameters for the Regional Comprehensive Economic Partnership (RCEP) following the conclusion of the ASEAN Economic Ministers’ (AEM) Meetings in Manila yesterday, with the ball on how to move things forward now in the hands of […]

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Malaysia: Palm oil stocks rise 8.8% in August

KUALA LUMPUR: Malaysia’s total palm oil stocks in August 2017 rose 8.79% to 1.94 million tonnes from 1.78 million tonnes in July. Crude palm oil (CPO) stocks also increased by 12.58% to 1.06 million tonnes during the month from 938,502 tonnes in the preceding month. Stocks of processed palm oil increased 4.59% to 885,430 tonnes […]

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