SINGAPORE – Singapore’s economy expanded at a slower annual pace in the third quarter compared with the previous three-month period when growth was boosted by a low-base effect. Gross domestic product (GDP) rose 6.5 per cent on a year-on-year basis in the July-September period, moderating from 15.2 per cent growth in the previous quarter, said the […]
Read MoreIn Channy, the president of the Association of Banks in Cambodia (ABC) and president and group managing director of ACLEDA Bank Plc, praised the efforts of the National Bank of Cambodia (NBC) and its monetary policy during the 42nd anniversary of its re-establishment. Speaking about the NBC’s regulatory role during the pandemic, Channy said: “During […]
Read MoreMANILA, Philippines — The Bureau of Customs collected nearly P45 billion in taxes from marking a total of 4.31 billion liters of fuel in the third quarter, improving its oversight on imported oil as part of efforts to eliminate misdeclaration and smuggling. The Customs yesterday reported it raised P44.57 billion from fuel marking in the […]
Read MoreThailand’s economy bottomed out in the third quarter of this year and will continue to recover, although uncertainty remains high, based on the minutes of the central bank’s last policy meeting released on Wednesday. Pent-up demand is expected to support the economic recovery throughout 2021, following progress in Covid-19 vaccinations and an earlier-than-expected relaxation of […]
Read MoreKUALA LUMPUR: Malaysia is now ready to be back on track as an investment hub for both regional and international investors, driven by creative and innovative methods in encouraging investments implemented by the government. Prime Minister Datuk Seri Ismail Sabri Yaakob said this is also made possible through continuous cooperation with every members of Keluarga […]
Read MoreThe BSA extension between Indonesia and Japan is also in line with the amendment of the Chiang Mai Initiative Multilateralization (CMIM) as the reference of this BSA cooperation. Jakarta (ANTARA) – Bank Indonesia (BI) and Bank of Japan (BoJ) — the agent of Japan’s Finance Ministry — signed the extension of the Bilateral Swap Arrangement […]
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