The annual rate of inflation in Myanmar, based on the Consumer Price Index, stood at 7.91 per cent in June 2020, according to a report released by the Central Statistical Organization under the Ministry of Planning, Finance and Industry. The figure has remained above 8 per cent since June 2019. The inflation rate stood at […]
Read MorePETALING JAYA: Malaysia’s benchmark interest rate is currently the lowest on record, but economists think there is a fair chance that it could drop even further. Bank Negara could be prompted to cut the overnight policy rate (OPR) due to concerns that a deep negative output gap may persist in the Malaysian economy, according to […]
Read MoreMANILA, Philippines — The Anti-Money Laundering Council (AMLC) yesterday warned banks and other financial institutions that money launderers and perpetrators of financial crimes are taking advantage of the shift in consumer behavior brought about by the COVID-19 pandemic. In a report titled “COVID-19 Financial Crime Trend Analysis,” the AMLC said criminals are abusing digitalization, such […]
Read MoreMedia spending plummeted 20.9% in the first seven months this year because of the pandemic and is expected to fall to a two-decade low of almost 72 billion baht this year, according to Media Intelligence (MI), a media planning and creative agency. The spending plunged to 40.7 billion baht between January and July, compared with […]
Read MoreThe Hanoitimes – Covid-19 has navigated the restructure in the global supply chains and initiated new opportunities for the partnership, and Vietnam and India are no exception. The global health crisis has disrupted established supply chains for manufacturers based in both India and Vietnam, opening up opportunities for the two countries’ businesses to explore alternative options. […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is likely to keep benchmark interest rates steady in the near term amid reduced demand for loans despite all-time low rates due to the COVID-19 pandemic, according to British banking giant HSBC. Noelan Arbis, economist at HSBC, said the Monetary Board is likely to keep its […]
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Thailand
