The Hanoitimes – Many banks have reduced the interest rate for short-term deposits while raising the rate for long-term deposits to restructure capital sources. BIDV has applied the new rates from May 22, lowering its annual interest rate for three-month and six-month deposits by 0.2 percentage points. Accordingly, the rates for these months are listed at […]
Read MoreThe Council of Ministers approved on Friday two new energy projects. An expansion of a coal-fired power plant in Preah Sihanouk’s Stung Hav district has been green-lighted by the Council, as well as a solar power plant in Kampong Speu, which will have a production capacity of 60 megawatts. The projects will now be submitted […]
Read MoreMANILA, Philippines — The Philippine government plans to raise about $2 billion more this year through the sale of offshore commercial bonds, including samurai and global bonds, according to the Bureau of the Treasury (BTr). In an interview, Deputy Treasurer Sharon Almanza said the government has already issued $2.2 billion in offshore commercial securities out […]
Read MoreKUALA LUMPUR: The proprietary day trading (PDT) and intra-day short selling (IDSS) of Power Root was suspended at 9.11am on Monday after its share price fell to a low of RM1.27. Bursa Malaysia Securities said the PDT and IDSS were suspended at 9.11am for the rest of the day as the last done price dropped […]
Read MoreDays after the inauguration of Bank Indonesia Governor Perry Warjiyo, the BI board of governors will meet on Wednesday to discuss the latest economic and monetary issues. Perry said in Jakarta over the weekend that the board of governors would continue holding its monthly meeting in the third week of each month, but additional […]
Read MoreThailand Post will add e-commerce to its logistics services, offering locally made products from across the country. From the fourth quarter, the enterprise will pilot exports of community-made products to Japan by collaborating with Japanese online marketplaces. The move aims to capitalise on cross-border e-commerce to compete with Chinese internet giants dumping their products in […]
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