Bank Indonesia sees room to cut interest rates, according to Governor Perry Warjiyo, raising the prospect of Southeast Asia’s biggest economy easing monetary policy in the face of growing risks to growth. “If we take into account low inflation and economic growth that needs to be pushed, indeed, we already know that there’s room to […]
Read MoreKUALA LUMPUR: Malaysian palm oil futures rose on Monday, shadowing higher U.S. soyoil prices on the Chicago Board of Trade (CBOT), while a softer ringgit also supported. The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange was up 0.8% at 2,035 ringgit ($487.19) per tonne at the day’s close. Palm oil fell last week on […]
Read MoreAround one year after allowing foreign investors to register and participate in the domestic retail and wholesale sector in May 2018, the Ministry of Commerce (MOC) has so far permitted nine wholly foreign retail and wholesale providers to operate in the country. These include investors from Japan, Thailand, US, Singapore and the Netherlands. The new […]
Read MoreAUDITS by Thai Customs have long been a source of dread for importers. They were typically drawn-out affairs, usually with the threat of a very large assessment at the end of the process. Every point would be argued long and hard, with previously agreed issues resurrected to push towards a settlement. The reward structure created […]
Read MoreTHE Consumer Price Index (CPI) in April 2019 decreased by 0.1 per cent year-on-year compared to April 2018 in Brunei Darussalam, according to a press release from the Department of Economic Planning and Development (JPKE). Prices of Food and Non-Alcoholic Beverages decreased by 0.6 per cent while Non-Food prices increased by 0.005 per cent. The […]
Read MoreMANILA, Philippines — Filipino women are pragmatic borrowers likely to close existing liabilities within five to 15 days, a recent financial study reported. International financial group Robocash conducted the study in India, Indonesia, Vietnam and the Philippines to outline the correlation of the terms of loans and the gender of those taking them per country. The study, […]
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Thailand
