MANILA, Philippines – Filipino consumers are more optimistic, with the confidence index soaring to a record high in the second quarter, the Bangko Sentral ng Pilipinas (BSP) reported yesterday. Rosabel Guerrero, director at the BSP’s Department of Economic Statistics (DES), said results of the second quarter Consumer Expectation Survey (CES) showed the consumer confidence index […]
Read MoreA SHARP decline in the British pound following the results of the UK election yesterday will impact a number of Malaysian companies that are in the property development, utility and casino operation sectors. Yesterday, the UK election results delivered a hung parliament, where no party gained a clear majority. This would essentially mean that the […]
Read MoreKUALA LUMPUR: Malaysian palm oil futures rose on Friday, charting its first gain in four sessions, tracking strength in rival oilseed soy. The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange rose 0.5 percent at 2,457 ringgit ($576.29) a tonne at the close of trade, its strongest daily gain in a week. Palm however was […]
Read MoreTHE EXPORT-IMPORT Bank of Thailand plans to open two more representative offices in Laos and Cambodia at the end of this year and early next year to double loans for Thai investors expanding into Indochina. Vietnam is the next step, president Pisit Serewiwattana said after the opening of Exim Bank’s first rep office in Yangon […]
Read MoreHANOI, June 8 – Indonesian coffee discounts tightened in robust trade this week, while the Vietnam beans market was quiet due to thin supply and weak demand, traders said on Thursday. Indonesia’s robusta grade 4, 80 defects were traded at a $30 discount per tonne to the July contract, traders in Lampung said, compared with […]
Read MoreThailand’s new economic model of an “aerotropolis” — a community where the layout, infrastructure and economy is centred around an airport — is expected to help attract up to 200 billion baht in new investment to the Eastern Economic Corridor (EEC), says the Industrial Estate Authority of Thailand. IEAT governor Veerapong Chaiperm said the model […]
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