Indonesian central bank raises benchmark interest rate to 5.5%
Indonesia's central bank has announced an increase in its benchmark interest rate by 25 basis points to 5.5% to maintain stability and boost economic recovery.
Indonesia unexpectedly cuts interest rate after over three years
Bank Indonesia (BI) on September 18 unexpectedly cut its benchmark interest rate for the first time in over three years, as the rupiah strengthened and ahead of the anticipated US interest rate cuts.
Bloomberg gives positive economic outlook for Vietnam in 2024
The website Bloomberg.com of the US on January 8 cited analysts' opinions, saying that the State Bank of Vietnam (SBV), among the first in Asia to lower borrowing costs in 2023, willl likely keep its benchmark interest rate steady through next year as it tackles economic growth and inflation concerns.
Philippine economy declines further than projected in Q1
The Philippine economy shrank by more than expected in the first quarter of 2021, supporting views that the central bank will keep interest rates at a record-low at a policy meeting slated for May 12.
Central bank further cuts benchmark interest rate to aid economy
The State Bank of Vietnam (SBV) on September 30 announced its decision to lower the benchmark interest rate as part of efforts to support the national economy amid difficulties posed by the COVID-19 pandemic.
Bank of Thailand cuts interest rate to record low
The Bank of Thailand (BoT) on November 6 cut its benchmark interest rate for the second time in three months to a record low of 1.25 percent.
Philippine central bank cuts interest rate as economy slows
The central bank of the Philippines (BSP) on August 8 cut its benchmark interest rate and kept the door open for further easing to buttress the flagging economy.
Bank of Thailand holds interest rate at 1.75 percent
The Bank of Thailand (BoT) on May 8 held its benchmark interest rate unchanged for a third straight meeting, as widely expected, saying monetary policy remained accommodative while risks to financial stability remained.
Indonesian central bank raises interest rate for sixth time
Indonesia’s central bank on November 15 decided to raise its benchmark interest rate for the sixth time this year to lower the country’s yawning current-account deficit.
Thai economy grows strongest in over four years
Thailand’s gross domestic product (GDP) increased 3.7 percent year-on-year in the second quarter of 2017, reported the National Economic and Social Development Board.
Vietnam’s shares gain for a third day
Vietnamese shares rose on Dec. 17 for a third day on investor expectations that the market will likely continue this week's gains for the rest of this year.
Indonesia central bank guards rupiah
Indonesia’s central bank has decided to hold the benchmark interest rate at 7.5 percent, which has been kept unchanged for six consecutive months, in an attempt to support the currency rupiah.