Thailand’s sovereign bonds don’t yield much more than US Treasuries, they cost less to insure than Spanish notes and its currency is more stable than China’s managed yuan. In a sign of how the flood of money into emerging markets is upending conventional wisdom, military-run Thailand with a credit rating just three levels above junk at Moody’s […]
Read MoreTEMPO.CO, Jakarta – Bank Indonesia suggests that the government and the House of Representatives (DPR) should be wary of The Fed interest rate hikes next year. Interest rate hike will be taken into account in the proposal of the rupiah exchange rate assumption in the draft 2018 state budget (RAPBN). Bank Indonesia Senior Deputy Governor Mirza Dityaswara […]
Read MoreTEMPO.CO, Jakarta – A survey conducted by Bank Indonesia (BI) shows that retail sales in July declined as the public consumption returned to normal after Ramadan and Eid al Fitri. The fact is reflected by the real sales index (IPR) that stood at 209.9 in July 2017, declining by 3.3 percent year-on-year. “The declining retail sales occurred in the food and non-food groups,” the central bank (BI) reported yesterday, Sept. 11. On the regional basis, the decline in IPR occurred […]
Read MoreSINGAPORE – The resale market for condominiums shows signs of heating up, going by flash estimates from SRX Property on Tuesday (Sept 12) Resale prices of non-landed private homes in August rose 0.7 per cent month-on-month and 3.2 per cent from a year ago. They are now off just 4.3 per cent from their last […]
Read MoreMANILA, Philippines — The 10-member Association of Southeast Asian Nations (ASEAN) have come out with a unified stance on the parameters for the Regional Comprehensive Economic Partnership (RCEP) following the conclusion of the ASEAN Economic Ministers’ (AEM) Meetings in Manila yesterday, with the ball on how to move things forward now in the hands of […]
Read MoreKUALA LUMPUR: Malaysia’s total palm oil stocks in August 2017 rose 8.79% to 1.94 million tonnes from 1.78 million tonnes in July. Crude palm oil (CPO) stocks also increased by 12.58% to 1.06 million tonnes during the month from 938,502 tonnes in the preceding month. Stocks of processed palm oil increased 4.59% to 885,430 tonnes […]
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Thailand
