MANILA, Philippines — Key central bank meetings worldwide this week are likely to result in a dovish shift in policy environment as economic managers become “uneasy” about global economic conditions, IHS Markit said in a research paper. The market intelligence firm noted, however, that a mixed outlook prevails in the Asia Pacific including the Philippines […]
Read MoreThe price of rubber has fallen markedly in recent months due to a slowdown in demand in international markets, particularly China. For in depth analysis of Cambodian Business, visit Capital Cambodia The commodity currently fetches $1,300 per tonne in the local market, a drop of more than $100 compared to last year, according to figures from […]
Read MorePETALING JAYA: The outlook on foreign direct investment (FDI) inflows for Malaysia has been weakened due to the rising trade tensions between China and the United States. According to several economists, although Malaysia had registered a 73.4% jump in approved FDI in the first quarter of the year, the unresolved trade tensions between the two […]
Read MoreJapanese and Korean electronics companies Sharp Corp. and LG plan to relocate their factories from Thailand and Vietnam, respectively, to Indonesia as part of their investment consolidation plans in Southeast Asia. Industry Minister Airlangga Hartanto said the relocations would further strengthen their operations in Indonesia, where they have built their respective production bases for a […]
Read MoreDESPITE the ongoing Rakhine crisis and intensification of conflicts that may impact on the performance of the tourism sector and investor sentiment, Myanmar’s economy is slowly picking up speed and regaining stability after a volatile 2018, and that could continue if the country invests wisely and inclusively, says a new report by the World Bank. […]
Read MoreKUALA LUMPUR: Malaysia’s central bank, which has already downgraded its economic growth outlook for this year amid an escalating trade war, sees a partial offset as companies shift operations from China to sidestep higher U.S. tariffs. In her first formal interview with the international media since she took office almost a year ago, Governor Datuk […]
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