KUALA LUMPUR: The ringgit slipped at the opening today on lack of demand for the local currency amid the lower crude oil price, said a dealer. At 9.10am, the ringgit was quoted at 4.1320/1350 against the greenback from 4.1290/1320 recorded yesterday. The crude oil price is currently trading at US$62.75 per barrel, down by 0.33 […]
Read MoreMANILA,Philippines — The rise in the prices of basic goods slowed for the fifth straight month in October, falling to its lowest level in three-and-a-half years, as food and transportation costs continued to decline, the Philippine Statistics Authority (PSA) reported yesterday. Inflation the measure of the increase in the consumer price index – cooled down […]
Read MoreCambodia is planning talks with the Electricity Generating Authority of Thailand (Egat) to purchase 300MW of power, Ministry of Mines and Energy official Victor Jona said on Tuesday. Jona, the director-general of the ministry’s General Department of Energy, told The Post that the talks could be held late this month or in early December. Pending […]
Read MoreThe Hanoitimes – Foreign investors are actively seeking investment opportunities with higher returns in Vietnam via operating hotel assets with in-place cash flow. Hanoi and Ho Chi Minh City, the two largest metropolises in Vietnam, are expected to remain as the top two destinations for hotel investment in the country, according to JLL Vietnam. They are […]
Read MoreIndonesia’s economic growth reached 5.02 percent in the third quarter, the lowest level in more than two years, with investment failing to contribute to the economy, which has been hit by a global economic slowdown driven by the trade war between the United States and China. Statistics Indonesia (BPS) announced Tuesday that weak investment and low […]
Read MoreSmall and medium-sized enterprises are increasingly targeted in their acquisition strategies but they continue to trail their larger counterparts when it comes to investing in startups to leverage their disruptive technologies. “We’ve noticed this shift in the last three years,” says Vikram Chakravarty, EY Asean transaction advisory services leader. “Ten years ago, we didn’t think SMEs […]
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Thailand
