MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) kept interest rates unchanged yesterday, but raised the inflation forecast for 2018 amid rising oil prices, higher liquidity in the financial system and the weak peso. BSP Governor Nestor Espenilla Jr. said the Monetary Board retained the interest rate on the overnight reverse repurchase facility at […]
Read MoreCambodia should consider submitting an application for membership into the Asia-Pacific Economic Cooperation (APEC), as participating in the annual economic forum would translate into enhanced business and trade opportunities, an expert told Khmer Times. Sophal Ear, an associate professor of diplomacy and world affairs at Occidental College in Los Angeles, told Khmer Times that the […]
Read MoreThe consumer confidence index (CCI) rose for a third straight month in October, reflecting stronger purchasing power and a brighter economic outlook for the rest of the year, according to the University of the Thai Chamber of Commerce (UTCC). The government’s shopping tax break should also stimulate spending during the year-end period and drive GDP […]
Read MoreThe Minister of Commerce has said China’s Belt and Road Initiative (BRI) will be a boost to Cambodia’s economic development by attracting more investment for infrastructure and expanding trade opportunities. Minister of Commerce Pan Sorasak, who attended the 2017 Asia-Pacific Regional Conference in Australia last week, said the BRI can mean billions for Cambodia in […]
Read MoreKUALA LUMPUR: Malaysia’s industrial production in September expanded at a pace well below expectations, as growth slowed across all sectors. Factory output grew 4.7% from a year earlier in September, below the 6.1% annual rise forecast in a Reuters poll. Industrial output was up 6.8% in August. Manufacturing output grew by only 5.7% year on […]
Read MoreThailand’s consumer confidence increased for a third straight month in October, boosted by better economic prospects as exports and tourism continued to expand strongly, but low farm prices remained a worry, a private survey showed on Thursday. The index of the University of the Thai Chamber of Commerce rose to 76.7 in October from 75.0 […]
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