PETALING JAYA: Bank Negara is unlikely to cut the overnight policy rate (OPR) at its monetary policy committee (MPC) meeting today amid cautious optimism that an economic recovery is already taking hold in Malaysia, according to most economists. The majority of them expect the central bank to keep the OPR – which is the rate […]
Read MoreAsian nations led the world in crushing Covid-19 in 2020. Now some are being hamstrung by border closures and other rules they imposed to stay safe, potentially putting them behind the U.S. and other countries in leading the global economic recovery. Countries such as China, Thailand and Australia virtually halted the coronavirus within their borders […]
Read MoreSINGAPORE will cease new registrations of diesel cars and taxis from 2025, with all new car and taxi registrations to be of cleaner-energy models from 2030, said Minister for Transport Ong Ye Kung on Thursday. He also announced further revisions to the road tax structure to bring down road taxes for mass-market electric vehicles (EVs). […]
Read MoreMANILA, Philippines — The Philippine Ports Authority (PPA) expects a recovery in cargo traffic this year after volume plunged by 13.5 percent last year, but its return to pre-pandemic levels is not seen in the short term. Cargo volume fell to 230.43 million metric tons last year from 266.42 MMT in 2019, PPA general manager […]
Read MoreThe Hanoitimes – Vietnam is currently home to 100 Swiss firms with a combined investment capital of nearly US$2 billion, including major names such as Nestle, Novatis, Roche, Holcim, and ABB. Given the country’s positive progress in global economic integration, Vietnam holds potential to become new destination for global investors. Vietnamese Ambassador to Switzerland Le Linh […]
Read MoreKUALA LUMPUR: Bank Negara Malaysia maintained the overnight policy rate (OPR) of 1.75% at its monetary policy committee (MPC) meeting on Thursday as latest indicators point to improvements in external demand and continued consumer spending. In its statement on Thursday, Bank Negara said for Malaysia, latest indicators point to improvements in external demand and continued […]
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Thailand
