KUALA LUMPUR: OCBC Bank (Malaysia) Bhd and its Islamic banking unit OCBC Al-Amin Bank Bhd will increase their standardised base rate (SBR), base rate (BR), base lending rate (BLR) and base financing rate (BFR) by 0.25% from May 10, 2023. The bank said in a statement all loan and financing rates based on SBR, BR, […]
Read MoreThe Philippine Statistics Authority (PSA) [link] provided consumer price index (CPI) data for April and revealed that headline inflation had fallen to 6.6% from March’s 7.6% and February’s 8.6%. Core inflation, which excludes certain food and energy items, was only down slightly to 7.9% from March’s 8.0%. All of the analysts surveyed by BusinessWorld had predicted April’s CPI to […]
Read MoreNearly 85 per cent of FDI enterprises are still using outdated technology, which is a challenge for the Vietnamese economy in its efforts to realise the goal of Net zero emissions by 2050. HÀ NỘI — Nearly 85 per cent of FDI enterprises are still using outdated technology, which is a challenge for the Vietnamese […]
Read MoreEXPATS aren’t the only ones feeling the pinch of rents in Singapore rising at the fastest pace in the world. The pain is trickling down to young singles like Sonam who are largely shut out of the nation’s subsidised housing programme and starting to question the government’s resolve to tackle the problem. The 33-year-old tech […]
Read MoreKUALA LUMPUR, May 8 — Malaysia’s services producer price index (SPPI) rose 3.4 per cent year-on-year (y-o-y) to 114.7 points in the first quarter of 2023 (1Q 2023) from 110.9 in the same quarter last year as most subsectors recorded an increase of prices during the quarter under review. Chief statistician Datuk Seri Mohd Uzir […]
Read MoreMANILA, Philippines — Philippine banks are in a stronger position to support the country’s recovery from the impact of the COVID pandemic, according to the Bangko Sentral ng Pilipinas. The central bank highlighted in the Philippine Financial System for the Second Semester of 2022 report that the country’s financial system sustained positive performance and overall […]
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Thailand
