The Myanmar kyat could weaken in the coming quarters as a result of renewed trade tensions between the US and China and resistance against pressure to slash interest rates by the Federal Reserve. According to forecasts released by Fitch Solutions Macro Research this month, the kyat is expected to weaken to K1600 per US dollar […]
Read MoreThe Hanoitimes – Vietnam is one of the most attractive destinations for the industrial sector in Southeast Asia and JLL expects that the trend will continue in the second half of 2019 and interest from foreign investors in Vietnam will remain strong. The rise of FDI in Vietnam, driven by new free trade agreements and the […]
Read MoreThe Securities and Exchange Commission’s (SEC) is warning over a new form of investing scam, in which victims are lured into investing with websites claimed to be legal digital currency traders operating overseas. Pol Lt Co Woranan Silam, a spokesman for the Department of Special Investigation, on Saturday relayed the SEC’s warning to the public, saying […]
Read MoreMANILA, Philippines — The debt payments of the national government surged by 172 percent to P83.81 billion in June from P30.76 billion in the same month last year after the settlement of more foreign obligations. Latest data from the Bureau of the Treasury (BTr) showed 65 percent of the total debt service or P54.71 billion […]
Read MoreIndonesian President Joko Widodo will announce the site of the country’s new capital on Monday, ending months of speculation about the location of the new city to replace Jakarta as the administrative headquarters. The announcement will be broadcast live from 1 p.m. Jakarta on the official YouTube channel of the president’s secretariat. Jokowi, as the […]
Read MoreLaos’ current account deficit is expected to widen to 12 per cent this year as imports are projected to grow faster than exports, according to a recent report from the World Bank. The rising trade deficit is driven by strong demand for imports relating to investment in mega infrastructure projects, particularly the under-construction Laos-China railway. […]
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Thailand
