Indonesia reduces rates again due to low growth World

Indonesia reduces rates again due to low growth

Indonesia’s central bank (BI) slashed interest rates on September 19 for the third month in a row as Southeast Asia's biggest economy is affected by the US-China trade war and slow global growth.
Interest rates stay steady til year end: SBV official Business

Interest rates stay steady til year end: SBV official

With a positive macroeconomic background at the moment, interest rates will basically stay steady until the end of the year due to excessive liquidity and proper credit growth, according to an official from the State Bank of Vietnam (SBV).
SBV set to rank local banks, credit institutions Business

SBV set to rank local banks, credit institutions

The State Bank of Vietnam (SBV) will rank credit institutions and foreign bank branches operating in the country in a move to ensure the safety of the banking system and protect legitimate rights of depositors.
Indonesia forecasts 2019 growth of 5.1-5.5 percent World

Indonesia forecasts 2019 growth of 5.1-5.5 percent

Bank Indonesia (BI) has forecast that next year its national economy will grow at almost the same rate as this year’s estimation of 5.1 percent, and domestic consumption will continue to serve as the main engine of growth.
Vietnam’s shares down for third day Business

Vietnam’s shares down for third day

Vietnamese shares extended losses for a third day as banks fell amid investor expectations that interest rate hikes in the US and Europe could undermine the profitability of local financial firms.
Domestic market outlook still positive Business

Domestic market outlook still positive

Vietnam's shares are heavily influenced by financial moves in global markets, but experts are keeping a positive outlook for the domestic market in the last months of 2015.