KUALA LUMPUR: Bank Negara’s decision to maintain the overnight policy rate (OPR) at 1.75% at its second Monetary Policy Committee (MPC) meeting yesterday suggests that the central bank is confident of economic recovery this year on the back of improving global demand and consumer spending. Bank Islam Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul […]
Read MoreMANILA, Philippines — After a four-day upswing, stocks succumbed to selling pressure as investors anticipate February inflation to breach the upper end of the government’s target. The benchmark Philippine Stock Exchange index (PSEi) closed at 6,882.49, down 60.27 points or 0.86 percent. Likewise, the broader All Shares index slipped 23.54 points or 0.56 percent to […]
Read MoreThe tourism minister said on Thursday he will propose a plan for foreigners to undertake COVID-19 quarantine in popular tourist areas, including beach resorts, in a bid to help revive the country’s struggling tourism sector. The economy suffered its biggest contraction in over two decades last year as tourism slumped due to the coronavirus pandemic. […]
Read MoreKUALA LUMPUR: Bank Negara has maintained the overnight policy rate (OPR) at 1.75% at its monetary policy committee (MPC) meeting yesterday, as latest indicators point to improvements in external demand and continued consumer spending. In a statement, the central bank said while the re-imposition of containment measures would affect growth in the first quarter of […]
Read MoreThe Hanoitimes – Vietnam, however, remained the third highest ranking among low-middle income countries in the index, staying behind the Philippines [16th] and Indonesia [17th]. Vietnam slipped to 25th from its previous 18th out of 58 economies in last year’s Mastercard Index of Women Entrepreneurs (MIWE), which analyzes on how women in business are progressing globally. […]
Read MoreMANILA, Philippines — Ayala-led Bank of the Philippine Islands (BPI) expects the country’s economic contraction to slowdown further in the first quarter amid the expected recovery this year. BPI lead economist Jun Neri said the country’s gross domestic product (GDP) would contract at a slower pace of two percent in the first quarter from 8.3 […]
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Thailand
