KUALA LUMPUR: Malaysia’s central bank is set to keep interest rates unchanged on Thursday, providing policy stability after the shock election victory of Tun Dr Mahathir Mohamad. All 18 economists surveyed by Bloomberg before Wednesday’s poll had forecast Bank Negara Malaysia will hold its benchmark rate at 3.25 percent. Economists at Nomura […]
Read MoreMANILA, Philippines — The country’s trade deficit widened by 24 percent to $2.61 billion in March as imports continued to outgrow exports for the fifth straight month, the Philippine Statistics Authority (PSA) reported yesterday. In its latest report, the PSA said exports contracted by 8.2 percent to $5.5 billion in March from $6 billion a […]
Read MoreThe Rakhine State government and Kanyin Chaung Economic Development Company have signed an MOU for the construction of Maung Daw (Kanyin Chaung) Economic Zone, which will be built at Rakhine State border, U Kyaw Aye Thein, Minister for State Planning and Finance, told The Myanmar Times. It was agreed that the state government would hold a […]
Read MoreRepresentatives of Sihanoukville Special Economic Zone yesterday met with a delegation from the Chinese city of Shenzhen, in the country’s southeast, to learn about Shezhen’s transformation from humble port city to one of the world’s biggest production centres. The event, which was organised by the United Nations Industrial Development Organization (Unido), sought to provide insight […]
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Thailand
