KUALA LUMPUR: Bank Negara Malaysia (BNM) and Bank Indonesia (BI) has announced the commercial launch of the Indonesia-Malaysia cross-border quick response (QR) code payment linkage. The linkage enables Indonesians and Malaysians to make instant retail payments in both countries by scanning the Quick Response Code Indonesian Standard (QRIS) or DuitNow. The launch follows the successful […]
Read MoreMANILA, Philippines (Updated, 11:03 a.m.) — Unemployment fell in March, while the quality of jobs improved as the labor market tries to recover amid a reopened economy. Results of a nationwide survey of 11,093 households showed there were 2.42 million Filipinos who were either jobless or out of business in March, lower than 2.47 million unemployed persons recorded in February, the […]
Read MoreANN/THE STRAITS TIMES – Retail sales in Singapore rose for the second straight month in March, although at a slower pace year on year. Most industries saw bigger takings at the till. Economists see retail sales slowing further this quarter, but it could accelerate in the second half of the year. Sales climbed 4.5 per […]
Read MoreRecent electricity retail hike of 3 per cent will likely have a small effect on the country’s CPI in the short run, according to the Ministry of Finance. HÀ NỘI – The recent electricity retail hike of 3 per cent will likely have a small effect on the country’s CPI in the short run, according […]
Read MoreThe country recorded an inflation rate of 39.89% in April, according to the report from the Lao Statistics Bureau (LSB). Laos’ inflation rate decreased slightly to 39.89% In April, compared to the first quarter figures of this year with January at 40.3%, February at 41.3%, and March at 41.0%. In April, the price of food and non-alcoholic […]
Read MoreLocal economists are predicting the Bank of Thailand will increase its policy rate to a terminal level of 2% this month after estimating the Fed’s funds rate has already peaked. According to ttb analytics, the research centre of TMBThanachart Bank (ttb), the central bank’s Monetary Policy Committee (MPC) is expected to increase the policy benchmark rate […]
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Thailand
