BANGKOK: Thailand’s central bank held its key interest rate near a record low to shield the nation’s economic recovery as the threat of trade protectionism mounts. The one-day bond repurchase rate was left at 1.5%, with monetary policy committee members unanimously in favor, the Bank of Thailand said in Bangkok. All 22 economists surveyed by […]
Read MoreMUMBAI: Malaysia’s total export of palm oil and palm oil products to India is set to grow five to 10% this year from three million tonnes worth US$1.97bil in 2016, the Plantation Industries and Commodities Ministry said. Minister Datuk Seri Mah Siew Keong said India and Malaysia have long historical and cultural ties, which have […]
Read MoreTEMPO.CO, Jakarta – The Minister of Finance Sri Mulyani is targeting 16.8 percent growth in tax revenue from last year. The government has formed the Tax Reform Team to achieve it. The team is tasked with establishing a stronger basis of human capital, information technology and business process. “As well as the laws and regulations,” […]
Read MorePhilippine headline inflation in January accelerated to its fastest pace in more than two years, hitting 2.7 percent on the back of higher prices of non-food items, government data showed on Tuesday. The new rate was the fastest since November 2014, when inflation registered 3.7 percent. The increase in January price growth momentum affirmed the […]
Read MoreKasikornbank (KBank), Thailand’s fourth-largest lender by assets, aims to lend 1.5 billion baht this year to corporate customers who invest in Cambodia after officially launching a full-service branch in the country. Large Thai companies in need of financial support for expansion into Cambodia are the bank’s targets, said president Predee Daochai. KBank’s new Cambodian branch will […]
Read MoreKUALA LUMPUR: The policy rhetoric of US President Donald Trump will unlikely culminate into a trade war between the world’s largest economy and China. According to panelists at the Invest Asean 2017 conference here yesterday, while the United States is increasingly looking inwards under Trump’s administration, a trade war with China or any major economies […]
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