MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) may take a breather after raising interest rates by a total of 150 basis points in four consecutive rate-setting meetings since May to anchor rising inflationary expectations. “If there are signs that inflation is already abating as measured by the month-on-month, we may take a pause. […]
Read MoreKUALA LUMPUR: The federal government is reported to have reopened discussions to do away with the requirement that foreign insurers reduce their shareholdings in their domestic operations. According to the Financial Times on Wednesday, the government had reopened talks to allow foreign insurance companies to maintain full ownership of domestic insurers. Last year, global insurers […]
Read MoreTEMPO.CO, Jakarta – The fourth industrial revolution, also known as industry 4.0, is expected to make Indonesia one of the top 10 economies in the world in 2030, stated Industry Minister Airlangga Hartarto. “To achieve the target, Indonesia has launched a roadmap called Making Indonesia 4.0, as part of the strategy to apply the fourth industrial revolution,” he […]
Read MoreCambodia and Thailand have agreed on marine tourism cooperation linking the tourism ports of the two countries, while Cambodia asked its Thai counterpart to open more border gates to facilitate the flow of tourists. Under the agreement, inked during the 4th meeting of Cambodia-Thailand Working Group on Tourism Cooperation yesterday in Kampot province, both countries will cooperate on marine […]
Read MoreSINGAPORE’S non-oil domestic exports (NODX) grew by a solid 8.3 per cent in September, coming in under economist expectations even as it picked up pace from the 5 per cent expansion in August, according to Enterprise Singapore data released on Wednesday. This was driven once again by the seasonally volatile pharma sector and buoyed by favourable […]
Read MoreMANILA, Philippines — The benchmark Philippine Stock Exchange index (PSEi) ended in positive territory yesterday, but volume was too low indicating that market investors are still risk averse and still waiting for inflation to stabilize. The PSEi finished at 6,987.02, up 60.51 points or 0.87 percent while the broader All-Shares gauge lost 13.13 or 0.30 […]
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