JAKARTA (Reuters) – A small majority of economists expect Bank Indonesia to cut its benchmark rate for the fourth straight month at its meeting this week to support the economy, a Reuters poll showed on Monday. Eighteen of 30 analysts in the poll expected BI to trim the 7-day reverse repurchase rate IDCBRR=ECI by 25 […]
Read MoreThe unprecedented acceleration of e-commerce spending in South-east Asia is fuelling regional cross-border logistics growth. However, according to Kevin Burrell, DHL Supply Chain chief executive for Thailand, Vietnam, Cambodia and Myanmar, there are significant challenges to the smooth flow of goods between ASEAN countries. He told The Loadstar: “If you look at the value of goods sold […]
Read MoreAround 600 members of the Private Hospitals Association of the Philippines Inc. (PHAPi) threatened that they will not renew their PhilHealth accreditation in 2020 due to unpaid claims amounting to billions of pesos. According to Maki Pulido’s Monday report on 24 Oras, PhilHealth owes PHAPi around P2.5 billion in reimbursements. “It’s very risky na accredited […]
Read MoreVIENTIANE (Vientiane Times/ANN) – The growth rate of factories in Laos is continuing to moderate despite the government improving its policies and regulations to attract investors. The number of factories has grown by just 5 percent annually, according to statistics collected by the Department of Industry and Handicrafts under the Ministry of Industry and Commerce. […]
Read MoreThe baht’s strengthening value could breach the band of 30 per US dollar next year, mainly because of Thailand’s huge current account surplus, says Krungthai Asset Management (KTAM). Although pressure inducing the baht appreciation has decreased since the country’s current account surplus has dipped from last year’s massive accumulation, the surplus still has the potential […]
Read MoreThe Cambodia Microfinance Association (CMA) yesterday said more than 2 million Cambodian families are currently using the services of a microlender, borrowing a combined $6 billion. Speaking at a workshop held at Phnom Penh Hotel yesterday, Kea Boran, chairman of CMA, said that 2.1 million Cambodian families are benefitting from the services of an MFI. […]
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