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 […]
Read MoreCambodia Tourism Minister Thong Khon is calling for more direct flights between Asean countries. For in depth analysis of Cambodian Business, visit Capital Cambodia The minister made the call during the opening of the 50th Asean National Tourism Organizations (NTOs) Meeting in Siem Reap. Cambodia hosted the annual event on July 10-12. In attendance were tourism […]
Read MoreThe 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 […]
Read MorePETALING 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 […]
Read MoreMANILA, 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 […]
Read MoreAs storm clouds hang over the global economy, Asean is perceived as one of the fastest growing and more stable economic regions. This presents an opportunity to strengthen relationships with other partners, such as through China’s Belt and Road Initiative and the US-initiated Free and Open Indo Pacific Plan, which is backed by Australia, India […]
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