PETALING JAYA: The move to hold the key benchmark rate unchanged may attract foreign capital flows into Malaysian bonds but much will be dictated by external headwinds after the latest data showed lower foreign holdings of local bonds. Economists and bond analysts concurred that global monetary easing would see capital flows into emerging markets, including […]
Read MoreThe Hanoitimes – Further underpinning the Vietnamese positive consumer outlook in 2019 is the fact that minimum wage growth continues, albeit at a slower rate. Although slightly cooling this year, private consumption growth in Vietnam will remain robust, helping the country become one of the most promising consumer markets in Asia Pacific, experts have forecast. According […]
Read MoreMANILA, Philippines — The country’s current account (CA) deficit would continue to widen until 2021 due to strong import growth, according to Fitch Ratings. The debt watcher said the subdued export performance and generally strong import growth in 2020 and 2021 would keep the CA in a deficit of between 2.4 percent and 2.6 percent […]
Read MoreParliament has approved the new National Plan law for fiscal 2019-20, which will be effective from October 1, 2019 to September 30, 2020. The National Plan is expected to help Myanmar’s GDP grow by 7 percent to K95.4 billion during the period compared to 6.8pc in fiscal 2018-19. Contributing to economic growth is the financial […]
Read MoreLOCAL business confidence hit a near two-year low for the final quarter of 2019, according to Singapore Commercial Credit Bureau (SCCB)’s latest Business Optimism Index study, with manufacturing and wholesale trade braced for a downturn. Business sentiment dipped from +6.91 percentage points in Q3 to +4.82 percentage points in Q4. Year-on-year, it nearly halved from […]
Read MoreThe commerce departments in Prey Veng and Svay Rieng provinces can now issue the ‘D form’ of the certificate of origin, a move that saves exporters of agricultural goods time and money. Starting today, Prey Veng and Svay Rieng are the latest provinces to join the programme, which started in 2017 and already includes nine […]
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Thailand
