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Cambodia: New MoU to train small enterprises in stock trading

The Cambodia Securities Exchange (CSX) entered yesterday into an agreement with human capital development agency Successco to train small and medium-sized enterprises (SMEs) on raising capital by becoming publicly-listed companies. Under the new memorandum of understanding (MoU), Successco’s members will receive training on stock trading, with Cambodia’s market regulator hoping this will prompt more small […]

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Malaysia: Ringgit higher against USD on mild buying

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 […]

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Philippines: No ‘one-for-one’ policy rate hikes

“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 […]

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Malaysia’s debt still manageable, says PM

KUALA 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 […]

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