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Indonesia, Singapore announce currency swap agreement

President Joko “Jokowi” Widodo and Singaporean Prime Minister Lee Hsien Loong have agreed that Bank Indonesia (BI) and the Monetary Authority of Singapore (MAS) would have a currency swap agreement in facing the global uncertainty. The agreement was announced when the leaders met in Bali on Thursday. “Amid the global financial market uncertainty, cooperation is […]

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Thailand drops in ranking for expats in HSBC survey

As other Southeast Asian countries saw their positions unchanged or up in a survey of expats, Thailand and the Philippines went in the opposition direction.  This year, Thailand ranked 21st in HSBC’s Expat Explorer survey, down six places from a year ago.  The kingdom obtained high scores from expats in the categories of property and […]

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