Governors of the central banks of four Southeast Asian nations signed letters of intent on Friday outlining a framework for local-currency settlements. Governors of the central banks of four Southeast Asian nations signed letters of intent on Friday outlining a framework for local-currency settlements. At the Asean Finance Ministers and Central Bank Governors Meeting in […]
Read MoreThe Bank of Thailand and the Bank of Laos PDR have signed a memorandum of understanding (MOU) on cooperation in the areas of financial innovation and payments systems in Chiang Rai yesterday after the meeting of the 5th Asean Finance Ministers’ and Central Governors’ Meeting and related meetings in Chiang Rai yesterday. Veerathai Santiprabhob, governor […]
Read MoreKUALA LUMPUR: Electricity tariff in Malaysia is unlikely to see any changes, although there has been a dip in global coal and natural gas prices. This is because the current price of around US$90 per tonne for coal and RM28 per MMBtu for natural gas is still higher than the base rate of US$75 and […]
Read MoreMANILA, Philippines (Updated 10:41 a.m.) — Consumer price growth in the Philippines continued to ease in March to post its slowest pace in 15 months on the back of softer pick up in food prices, the country’s statistics agency reported Friday, giving the central bank more space to tweak monetary policy settings. Data from the Philippine Statistics […]
Read MoreCambodia collected some $1.68 billion in revenue from customs and taxation during the first three months of this year, said Prime Minister Hun Sen. Speaking recently at the 18th Government-Private Sector Forum, he said revenue from the Kingdom’s customs fees accounted for about $668 million between January 1 and March 29 while taxation revenue in […]
Read MoreSOUTH-EAST Asia should create an urban infrastructure network to help plug the gaps in development, a regional lender has suggested. Such a network – modelled on an existing plan for smart cities – was touted as possibly making municipal, procurement and other public sector leaders better placed to work with the private sector on bankable, […]
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