Thailand keeps interest rate unchanged at record low World

Thailand keeps interest rate unchanged at record low

The Bank of Thailand (BoT) last week decided to keep key interest rate unchanged at a record low for a second straight meeting, as widely expected, on signs of improvement in the economy after the easing of measures to contain the coronavirus outbreak.
US discusses with Philippines, Malaysia on East Sea World

US discusses with Philippines, Malaysia on East Sea

US Secretary of State Michael R. Pompeo held talks with his Philippine counterpart on August 6 to update the latter on recent changes in US policy on maritime claims in the East Sea, as well as affirm the US’s support for Southeast Asian coastal states in upholding their sovereign rights and interests consistent with international law.
New partnership to improve Vietnam’s civil registration Society

New partnership to improve Vietnam’s civil registration

A new partnership was signed on July 17 between the United Nations Population Fund (UNFPA) in Vietnam and Vital Strategies as part of the Bloomberg Philanthropies Data for Health Initiative to improve Vietnam’s civil registration and vital statistics (CRVS).
Equity market draws back investors Business

Equity market draws back investors

Foreign investors are edging back into emerging markets like Vietnam on hopes the recent significant recovery of the equity market will reassure those hoping to capitalise on stronger economic growth in the emerging world.
Singaporean banks record spike of deposits  World

Singaporean banks record spike of deposits

Singapore is witnessing a jump in deposits in local banks, which reflects investors' risk aversion and inflows from other markets, including Hong Kong (China), said Bloomberg Intelligence.
Indonesia’s rupiah touches lowest level since 1998 crisis World

Indonesia’s rupiah touches lowest level since 1998 crisis

Indonesia’s rupiah (IDR) on March 18 touched the lowest level since the 1998 crisis as fears of a global recession over the rapid spread of the novel coronavirus disease (COVID-19) prompts investors worldwide to dump financial assets.