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Thailand: BoT starts siege on hot-money flows

The Bank of Thailand’s moves to counter hot-money inflows that have pushed the baht to a six-year high and the central bank’s vow to impose more measures if such speculative flows linger rattled the local currency and the stock market on Friday. The baht weakened to 30.91 per US dollar from 30.61 on Thursday after […]

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Indonesia: Govt to offer nine reservoir projects this year

The Public Works and Housing Ministry will auction nine water reservoir projects this year that are among 65 reservoirs in the 2015 to 2019 National Medium-Term Development Plan (RPJMN). The ministry’s water resources director general, Hari Suprayogi, said in Jakarta over the weekend that the nine the irrigation projects were the last that would be […]

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Malaysia: Gas price hike hurting glove makers

PETALING JAYA: Malaysian Rubber Glove Manufacturers Association (Margma) preisdent Denis Low Jau Foo has lambasted Gas Malaysia Bhd  for the surprise announcement on gas price hike. Gas Malaysia’s three-day notice last Friday evening for the tariff hike, which will take effect today, is as “good as no notice given,” he said in a statement. Margma has repeatedly […]

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Philippines population growth slows down

MANILA, Philippines — The Philippines has lowered its population growth to 1.5 percent in line with its human development goals, the National Economic and Development Authority (NEDA) said. Speaking during the recently held celebration of World Population Day, Socioeconomic Planning Secretary Ernesto Pernia said that while the number of Filipinos continue to rise, the growth […]

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