MANILA, Philippines — The Philippines’ full-year inflation rate settled within the government’s target, with the consumer price index steadying in December, the country’s statistics agency reported Friday. According to the Philippine Statistics Authority, headline inflation last month rose to 3.3 percent from a year ago — the same pace clocked in November and within the […]
Read MoreTEMPO.CO, Jakarta – Bank Indonesia (BI) reports that Indonesia`s foreign exchange rose on a month-on-month basis in December 2017. “As of December, it exceeded US$130 billion,” The BI Governor Agus Martowardojo said in Jakarta on Thursday, January 4. Indonesia’s foreign exchange reserves at the end of the year rose around US$5 billion as compared with the previous month. The central […]
Read MoreMANILA, Philippines — An economic growth of at least seven percent is possible for the Philippines this year as the new tax reform law takes effect and government’s aggressive infra spending program rolls out, top economists said yesterday. Finance Undersecretary Gil Beltran said a gross domestic product (GDP) growth of at least seven percent is […]
Read MoreBank of Ayudhya (BAY) is exploring opportunities in Vietnam’s consumer finance market in line with its parent Bank of Tokyo Mitsubishi UFJ’s (BTMU) policy to deepen the group’s reach in Southeast Asia. Thailand’s fifth-largest lender by assets is weighing several options such as setting up its own business, partnering with local players, and mergers and […]
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