INFLATION likely eased further to 2 percent in August from 2.4 percent the month before on the back of reduced prices of rice, fuel and electricity, according to Union Bank of the Philippines (UnionBank). In a report released on Wednesday, UnionBank chief economist Ruben Carlo Asuncion said consumer price growth this month “is expected to […]
Read MoreBrunei Darussalam’s total trade in May 2019 increased to BND1,290.7 million compared to BND1,204 million in May 2018, representing an increase of 7.2 per cent year-on-year, according to the International Merchandise Trade Statistics (IMTS). The Department of Economic Planning and Development (JPKE), Ministry of Finance and Economy, in a press release, shared that total exports […]
Read MoreThe Cambodian government Wednesday issued a prakas, or regulation, prohibiting foreigners from running small businesses or doing small jobs ranging from working in a massage parlor to doing automobile repair, the goal being to protect Cambodian citizens’ jobs. According to the prakas issued by the Ministry of Labor and Vocational Training, people who are not […]
Read MoreKasikornbank (KBank) has trimmed its forecast for the baht at the end of this year to 30.50 to the US dollar from 31, assuming the Federal Reserve will cut its policy rate twice during the rest of this year. Should the Fed further ease monetary policy as expected, liquidity across the world will increase and […]
Read MoreThe Asean-5 economies, namely Indonesia, Malaysia, Philippines, Singapore and Thailand, have all cut rates except Singapore with economists at Maybank Kim Eng forecasting that most of them will have to ease more in 2019. This comes on the back of news that the US Treasury 2-year to 10-year yield curve inverted this month for the […]
Read MoreKUALA LUMPUR: Malaysia aims to become the preferred destination for high-tech investment through Industry4WRD, says Deputy International Trade and Industry Minister Dr Ong Kian Ming (pix). He said the government also aims to be a comprehensive total solutions provider for advanced technology in the region. “With proper implementation, the government is confident that by 2025, we […]
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Thailand
