The Hanoitimes – Current legal regulations are hindering state-owned banks to attract foreign investors to their private placement though the measure is considered effectively to help the banks meet its urgent need for capital increase under the State Bank of Vietnam (SBV)’s regulation on Basel II standards. State-owned banks, such as Vietcombank and BIDV, have so […]
Read MoreBank Indonesia Governor Perry Warjiyo has said the rupiah, which was quoted at Rp 14,954 per US dollar on Tuesday, is away from its fundamental value. “It is true that the rupiah exchange rate depends on market sentiments. Based on its fundamental calculation, the currency is not weakening,” Perry said at the House of Representatives in […]
Read MoreKUALA LUMPUR: Malaysia’s total trade in July 2018 rose 9.8% from a year ago to RM163.95bil on expanded trade with key trading partners, the Ministry of International Trade and Industry (MITI) has revealed. The country registered 1.7% year-on-year growth in trade surplus of RM8.3bil, following a 41.4% decline in June. Exports for the month grew […]
Read MoreTwo current World Bank studies dealing on the Philippine economy provide a useful framework for reviewing the status of economic development and of labor market issues in the country. The first of the two documents is the Philippine Economic update, April 2018, which is the current economic memorandum assessing developments in the country. The other, […]
Read MoreThe government should let private operators run downtown VAT refund booths as part of the push to develop Thailand as a shopper’s paradise, says the head of the Thai Retailers Association (TRA). The VAT refund services for tourists are available at certain department stores but remain limited, according to Worawoot Ounjai, the newly appointed TRA […]
Read MoreSINGAPORE and Malaysia are set to sign an agreement to defer the high-speed rail(HSR) project on Wednesday afternoon. The 2pm signing will be witnessed by Singapore Deputy Prime Minister Teo Chee Hean, who is in Malaysia for a visit, as well as by Malaysian Prime Minister Mahathir Mohamad and Deputy Prime Minister Wan Azizah Wan Ismail. It will take place at the Prime Minister’s […]
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