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Vietnam c.bank rules out devaluing currency

The Hanoitimes – Devaluing the dong must take into account trade turnover, foreign debt, current account, so as to ensure the highest national interest and stability of the market, according to the State Bank of Vietnam. Vietnam would not consider using the USD/VND exchange rate as a tool to boost exports, but taking into account a […]

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Thailand: Central Group readies IPO for retail division

Central Retail Corporation Plc, the retail arm of Central Group, the country’s biggest mall operator, is offering a combined 2.23 billion shares, 1.62 billion of which will be new ordinary shares, as part of an initial public offering (IPO). According to the company’s filings submitted to the Securities and Exchange Commission (SEC) on Tuesday, 1.62 […]

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Macroeconomic stability in Malaysia continues to improve: ANZ

MACROECONOMIC stability in Malaysia continues to improve on the back of compliance with the fiscal targets of 2019, ANZ analysts said in a report. “Onshore experts have reaffirmed our view that macroeconomic stability in Malaysia is improving. The centrepiece of this emerging stability has been the ability of the coalition government to consolidate public finances, a […]

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