[SINGAPORE] Malaysia’s central bank is likely to keep interest rates unchanged Thursday, although pressure is building for more easing as US-China trade risks continue to rage. Of the 24 economists in a Bloomberg survey, 16 are forecasting the benchmark interest rate will stay at 3 per cent, while eight project a 25 basis-point cut. Swap […]
Read MoreAverage daily new short-term corporate bond issuance and short-dated corporate bond trading in secondary markets slumped by 75% and nearly 50%, respectively, after a 15% withholding tax on gains from investment in fixed-income funds came into force on Aug 20. During Aug 20-30, issuance of short-end corporate bonds averaged 1.12 billion baht a day, down […]
Read MoreThe Hanoitimes – The bill, which amends the Law on Investment 2014 and will be discussed at the National Assembly’s eighth session next month, includes the two long-awaited changes regarding foreign investors. With positive revisions in market access conditions and investment incentives, the draft Law on Investment is expected to open up broader opportunities for […]
Read MoreMANILA, Philippines — Net inflows of foreign direct investments (FDI) fell by 48.5 percent to $430 million in June from $836 million in the same month last year due to the worsening trade war between the US and China, according to the Bangko Sentral ng Pilipinas. Based on a report from BSP, equity placements plunged […]
Read MoreThe Ministry of Home Affairs’ Bureau of Special Investigation (BSI) will record gold prices twice a day to deter price manipulation, said U Myo Myint, chair of the Yangon Region Gold Entrepreneurs Association, refuting rumours that the bureau was investigating local gold businesses. “Government departments including the township police station, township general administrators and BSI […]
Read MoreThe CLMV (Cambodia, Lao, Myanmar and Vietnam) countries have agreed on a framework for economic development, which will be submitted to CLMV’s leaders to approve next year, the Ministry of Commerce announced on Wednesday. The announcement was made following the 11th CLMV Economic Ministers’ Meeting during the 51st Meeting of the Asean Economic Ministers which […]
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Thailand
