MANILA, Philippines — The Bangko Sentral ng Pilipinas may cut interest rates by at least 50 basis points more this year as telegraphed by Bangko Sentral ng Pilipinas Governor Benjamin Diokno due to easing inflation, according to debt watchers and economists of investment banks. Andrew Wood, director at S&P Global ratings, said in a live […]
Read MoreChina weakened the yuan on Monday, sparking fears of further escalation in the Sino-US trade war and leaving Thai firms worried that they would suffer further before an agreement is reached. Thai exporters fear that China’s action may escalate the US-China trade war into a currency war and lead all countries into monetary easing to […]
Read MoreKUALA LUMPUR: Warning bells have turned louder as the Malaysian economy is facing more threats following the escalation in the year-long Sino-US trade war, according to economists. However, the experts remained positive on the country’s growth outlook, with some pointing out that the government has room to manoeuvre the domestic economy by leveraging on the […]
Read MoreThe bourse regulators in Cambodia and Thailand this week announced plans to work together to boost their capital markets through cross-border listings and depositary receipts. For in depth analysis of Cambodian Business, visit Capital Cambodia During a meeting on Monday in Phnom Penh, Ruenvadee Suwanmongkol, secretary-general at the Securities Exchange Commission (SEC) in Thailand, and Sou […]
Read MoreMANILA, Philippines — Manufacturing contracted in June as lower output were registered in petroleum products, furniture and fixtures, and basic metals, the Philippine Statistics Authority (PSA) said yesterday. Industrial output, as measured by the Volume of Production Index (VoPI), registered a negative 10.5 percent growth in June, reversing the 9.8 percent expansion in the same […]
Read MoreThe Hanoitimes – The lack of commitments from ministries, provinces and executives at state firms are factors behind the slow privatization progress, while problems in finance, land and laborers from periods prior to the privatization also hindered the process at target companies. The slow progress in the process of divestment and privatization of state owned enterprises […]
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Thailand
