Tag: Central Bank
Low Interest Rates Set To Benefit Southeast Asian Economies
Earlier in November, central banks in Indonesia and the Philippines kept interest rates at record lows to support the countries slow recovery from the...
Thailand and Malaysia Set Rules For Banks Entry Under ASEAN Accord
Malaysian banks seeking to operate in Thailand under a regional accord can open as many as 40 branches and should have at least 15...
Philippines To Hold Rates While Malaysia Set To Replace Base Rate...
As Philippines struggles with elevated Covid cases, the Philippine central bank is expected to keep its benchmark interest rate at a record low on...
Delta Surge Slows Down Asia’s Economic Recovery
A report by the Wall Street Journal on Monday (Aug 2) claims that the highly contagious Delta variant is stalling Asia's economic recovery after...
Why Zombie Companies Are A Threat To Economies Around The World
During a period of lockdown and recession, fewer companies failed. This was a result of a combination of furlough schemes to reduce wage bills,...
Economists Expect Singapore’s Economy to Grow Faster This Year, Survey Shows
Singapore's economy is likely to expand at a quicker pace this year than previously expected, as faster growth in manufacturing, non-oil domestic exports and...
Central Bank of Malaysia Approves RM12.1b Soft Loans for SMEs
About RM12.06 billion of soft loans for small and medium-sized enterprises (SMEs) has been approved by local lenders, facilitated by the central bank.
Finance Minister...
