KUALA LUMPUR: The strong ringgit is a boon to Top Glove Corporation Bhd as it serves as a natural hedging and allows the company to proceed with its plans to further expand its production lines, as well as to go for mergers and acquisitions (M&A). Top Glove Chairman Tan Sri Lim Wee Chai said the company would […]
Read MorePresident Joko “Jokowi” Widodo has stressed that the central government and the regional administrations will establish the Investment Acceleration Task Forces to ensure that investors do not face problems in dealing with local bureaucracies. The President said in Jakarta on Tuesday that the task forces would begin operation before the government establishes the online single submission […]
Read MoreBank Indonesia and the government agreed on five measures to maintain inflation at between 2.5 and 4.5 percent in 2018 on Monday. “The meeting of the National Inflation Control Coordination Center has agreed to five strategic measures, including maintaining volatile food prices” said BI spokesman Agusman in Jakarta as reported by Antara.. BI and the government […]
Read MorePETALING JAYA: Malaysia is expected to benefit from the One Belt One Road (Obor) initiative with the opportunity for economic growth following the proposed trade route by China, said LBS Bina managing director Tan Sri Lim Hock San. He said with the infrastructure to build the route, local businesses could take advantage and leverage […]
Read MoreMANILA, Philippines — Economists of private banks expect inflation to climb this year due to the implementation of the tax reform law, rising global oil prices, weakening peso and higher public spending, according to a survey by the Bangko Sentral ng Pilipinas (BSP). Based on the Private Sector Economists’ Survey of the BSP for December […]
Read MoreThe baht’s continuous rise is once again the topic of contentious discussions, with businesses operating in the real sector making the most noise. The local currency, up more than 2% versus the US dollar in 2018, is now the second-best performer in Asia this year, trailing only the Malaysian ringgit. The baht’s strengthening has unsurprisingly […]
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Thailand
