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Deputy governor: Enough rate cuts for Indonesia

JAKARTA: Indonesia’s central bank has cut borrowing costs enough to spur growth in the economy, senior deputy governor Mirza Adityaswara said, giving his clearest signal yet that the bank’s easing policy is over as inflation pressures pick up. Boosting growth is “not about interest rates anymore,” Adityaswara said in an interview here yesterday. “We monitor […]

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Asean trade ministers map out partnership plans

MANILA, Philippines – Trade ministers from the 10 member countries of the Association of Southeast Asian Nations (ASEAN) are meeting in Manila to map out plans on how to further strengthen partnerships in the region. Increasing trade and investment, integrating micro, small and medium enterprises (MSMEs) in the global value chains and developing an innovation-driven […]

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Myanmar: 7th Gems Expo to include 11 regions

The 7th Myanmar International Gems, Jewellery and Watch Expo 2017 will be held at Myanmar Gems Trade Centre in Yangon from March 24 to March 27. A local jeweller examines gems and pre-cious stones on a ring. Photo – Supplied The expo will feature 50 booths from 11 countries and territories – Thailand, Hong Kong, […]

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Exim opens Yangon office for Thai ventures

The state-owned Export-Import Bank of Thailand (Exim Thailand) will open its first overseas representative office in Yangon, Myanmar, next month to help Thai investors who are expanding into the neighbouring market. “Exim Thailand is ready to support Thai entrepreneurs who wish to expand their export markets or relocate their factories to Myanmar with a view […]

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US bird flu outbreak set to push Thai poultry exports

Thai poultry exports are likely to continue their growth this year as many countries restrict imports of US poultry in light of a bird flu outbreak. Prasit Chalongchaichan, executive vice-president of Charoen Pokphand Foods Plc (CPF), said foreign purchase orders have increased consistently for the SET-listed flagship of agribusiness giant Charoen Pokphand Group, after bird […]

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