Indonesia has a blunt message for the U.S. Federal Reserve’s Jerome Powell and other global financial chiefs gathering in Bali this week: be mindful of the effects of your policies on emerging economies. Even though authorities in the Southeast Asian nation are taking the right steps to stabilize the currency and keep deficits on the […]
Read MoreKUALA LUMPUR: Malaysia’s third push to build a national car brand may see it sourcing parts from Southeast Asian neighbors, as the region forges stronger ties to weather out the U.S.-China trade tensions. Prime Minister Tun Dr Mahathir Mohamad’s dream of developing a homegrown automotive brand has courted interest from neighboring countries, Minister of International Trade and Industry Darell […]
Read MoreSINGAPORE: Singapore’s financial regulator is willing to lend a hand to cryptocurrency firms having problems setting up local bank accounts, but doesn’t plan to loosen its rules to lure more crypto startups to the country. “We should not be trying to create an extremely lax regulatory environment in order to attract that kind of business,” […]
Read MoreBangko Sentral ng Pilipinas Governor Nestor Espenilla Jr. is persistent in his advocacy to reach out to the unbanked sector via the digitalization of banking and financial services and the expansion of the reach of financial institutions. The House of Representatives has joined this move by approving the Bangko sa Baryo bill which aims to […]
Read MoreThe Hanoitimes – Vietnam`s nominal GDP in 2018 is forecast to grow over 6.7% to reach VND5,555 trillion (US$240.5 billion), leading to GDP per capita of US$2,540, up 6.3% year-on-year or US$155. Vietnam targets the GDP growth rate of 6.6 – 6.8% in 2019, Vice Minister of Planning and Investment Nguyen Van Trung was quoted by VnEconomy as […]
Read MoreMYANMAR’S hope for narrowing its inequality gap cannot be realised if the government fails to spend more on key sectors such as education, health and social protection, according to a global index released by Oxfam International yesterday. Myanmar ranks very close to the bottom in both global and regional indexes in “The Commitment to Reducing […]
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Thailand
