Bank Indonesia (BI) has bought up to Rp 173.1 trillion (US$11.24 billion) worth of government bonds from primary and secondary markets in a bid to stabilize rupiah and support the government’s financing needs. BI Governor Perry Warjiyo said the central had bought Rp 166.2 trillion worth of government bonds from foreign investors in the secondary […]
Read MoreWith the Ministry of Labour and Vocational Training’s announcement earlier this week that a total of 130 garment factories have now applied to suspend operations, putting an estimated 100,000 workers out of work and affecting a further 400,000 who are dependents, as the Coronavirus continues to wreak economic havoc, concerns have been raised that social […]
Read MoreNine commercial banks have sought liquidity support worth a total of 56 billion baht for their purchases of mutual fund units through the Bank of Thailand’s Mutual Fund Liquidity Facility (MFLF) as of April 24, according to central bank data. The MFLF has already provided assistance to 30 mutual funds over the same period, the […]
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Thailand
