Bank Indonesia (BI) recorded a slower foreign debt growth last November as the government and private sector repaid the principal due during the month while the latter also borrowed less. BI revealed on Wednesday that the country’s total foreign debt reached US$401.4 billion in November 2019, higher 8.3 percent year-on-year (yoy). The growth, however, was slower […]
Read MoreKUALA LUMPUR: The quantity of refined palm oil exports from Malaysia to India is relatively small, roughly US$300mil a year. Therefore, any restriction on Indian palm oil importers to buy the commodity from Malaysia would only have a minimal impact on the latter, according to Standard Chartered. “In the end, India has to buy it […]
Read MoreThe Ministry of Planning, Finance, and Industry is seeking expressions of interest from both domestic and foreign investors interested in participating in the recommissioning of the Myingyan Steel Mill. The steel mill, located near Sar Khar village, Myingyan Township in Mandalay Region, is reported to have a production capacity of 1.8 million tonnes a year. […]
Read MoreMANILA, Philippines — Remittances from overseas Filipino workers (OFWs) continued to grow in November 2019, although at their slowest pace in five months, according to the Bangko Sentral ng Pilipinas (BSP). According to the latest data from the BSP, personal remittances rose by only two percent to $2.64 billion in November last year from $2.59 […]
Read MoreHuman resource industry leaders have stated Cambodian businesses need to improve their employer branding to attract the best and brightest in the Kingdom and from abroad. Employer branding is generally known to lend employers a reputation as a place to work. Employer branding brings benefits to a company through marketing, job advertising and employee experience, […]
Read MoreIndonesia booked a smaller trade deficit in December as exports of non-oil and gas products picked up while imports fell, Statistics Indonesia (BPS) announced on Wednesday. A US$30 million trade deficit was recorded in December, a stark contrast to the $1.33 billion deficit recorded in November, which was the highest in seven months, according to […]
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Thailand
