The Hanoitimes – Vietnam expects to speed up the privatization process which has been at slow pace over the past years. The State Bank of Vietnam has issued new regulations to further facilitate foreign investors in taking part in the privatization and divestment of State-owned enterprises (SOEs) in the country. Under Circular 03/2019/TT-NHNN regulating the use […]
Read MoreTHERE has been much debate over recent quarters about whether the Bank of Thailand should increase its policy rate from 1.75 per cent to 2 per cent. Advocates of an increase often cite moderating financial instability and the need to generate wider policy space as underlying reasonings. However, considering both the internal and external economic […]
Read MorePETALING JAYA: The Malaysian rubber glove industry is expected to be a key potential beneficiary of the US-China trade war, said CGS-CIMB. The tariff hike on glove exports from China to the US could see a shift in US glove demand to Malaysian glove manufacturers. “We believe the tariff hike will increase the prices of […]
Read MoreMANILA, Philippines — Economists expect the Bangko Sentral ng Pilipinas (BSP) to follow suit with a reduction in banks’ reserve requirement ratio (RRR) this week to free up more funds to boost the country’s slowing economy. ING Bank Manila senior economist Nicholas Mapa said the BSP’s Monetary Board is likely to resume the reduction of […]
Read MoreThe upside gain for the baht, Asia’s strongest performing currency this year, is limited after rallying since the beginning of this month, propelled by the escalating trade tension between the US and China, says a senior official at Kasikornbank (KBank). The baht’s appreciation is expected to continue until the end of this month because of continuing […]
Read MoreNDO – A cooperation agreement was inked between the Vietnam Business Association for Cooperation and Investment in Laos (Viet-Lao BACI) and the Young Entrepreneurs Association of Laos (YEAL) in Vientiane on May 14. Among attendants were Vietnamese Ambassador to Laos Nguyen Ba Hung, Deputy Secretary of the Lao People’s Revolutionary Youth Union (LPRYU) Central Committee […]
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