KUALA LUMPUR : Malaysia’s central bank kept its benchmark interest rate unchanged on Thursday as rising COVID-19 vaccination rates fuel hopes for a swift economic rebound. All 22 economists surveyed in a Reuters poll had expected Bank Negara Malaysia (BNM) to hold its overnight policy rate steady at a record low of 1.75per cent. While […]
Read MoreThe State Bank of Vietnam (SBV) has agreed to extend debt rescheduling for customers for a further six months. In Circular 14/2021/TT-NHNN issued on Tuesday, the central bank allows financial institutions to reschedule debts incurred before August 1, 2020, instead of June 10, 2020; and debts with repayment obligations from January 23, 2020 to June 30, 2022, […]
Read MoreMANILA, Philippines — The latest spike in inflation may not be the last as a further reacceleration for the remainder of 2021 is expected, with the country yet to fully feel the impact of rising global commodity prices. In a report, UK-based Pantheon Macroeconomics said the inflation surge is far from over with non-core pressures […]
Read MoreSINGAPORE – Business leaders have expressed concerns over the new Covid-19 workplace management rules which, they say, could impact operations if fresh infections force their staff to work from home. Some said that the rules could be disruptive, particularly in the face of a manpower crunch. On Tuesday, the Ministry of Manpower issued an updated […]
Read MoreThe number of cryptocurrency trading accounts grew 27.6% month-on-month, vastly outpacing a 2.9% monthly increase in new stock trading accounts, as investors seek assets with higher returns to offset low deposit account interest rates, Kasikorn Research Center said. There are currently a total of 1,379,373 cryptocurrency trading accounts in the Thai market, less than half […]
Read MoreAccording to a report by iPrice, grocery prices in Vietnam are among the cheapest in Southeast Asia after comparing prices for groceries in Southeast Asia from Numbeo. Items were broken down by category and weight, such as starchy foods (bread, rice); eggs, milk, cheese; meat (chicken, beef); fruits and vegetables; water; alcohol, beer and tobacco. […]
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Thailand
