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Malaysia: Foreign direct investment from CEE nations to grow

PETALING JAYA: Foreign direct investment (FDI) from central and eastern European (CEE) countries into Malaysia is set to get a boost as more businesses and consumers from these countries become more aware of the potential strength of Asian economies amid the growing difficult global economic landscape. International strategic communications company Rothman and Roman Intelligence Unit […]

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Factories expand across Cambodia

Factories and enterprises have expanded to almost the 25 provinces and capital in Cambodia. The remarks were made by Prime Minister Hun Sen while paying a visit to some 16,500 workers and employees from 12 factories and enterprises in Tram Kak district, Takeo province on Sunday. “[…] Phnom Penh really needs investment, but if all […]

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Thailand: Krungsri upbeat on digital baht

The Bank of Thailand is working with three payment service providers to launch its retail central bank digital currency (CBDC), a novel financial infrastructure it claims will improve the convenience and efficiency of financial transactions with lower costs. The central bank is collaborating with Bank of Ayudhya (Krungsri), Siam Commercial Bank (SCB), and 2C2P (Thailand) Co […]

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Malaysian inflation isn’t misbehaving, central banker says

MALAYSIA’S inflation currently isn’t misbehaving, giving the central bank room to keep up its “conditional pause,” according to a senior official. “If it’s food prices and all the supply shocks, we have a history of seeing through those shocks,” Bank Negara Malaysia’s Assistant Governor Fraziali Ismail said in an interview with Bloomberg Television on Thursday (Jun […]

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