07 March, 2016
As appeared in Bloomberg
Senior Fellow of the CIMB ASEAN Research Institute Pauline Loong spoke on Bloomberg about the big gap in China’s policy blueprint for the next five years. She pointed out that notably missing from the outline of China’s Five Year Plan is any mention of strategies to deal with possible large-scale capital outflows once the currency barrier is dismantled, as envisioned in the push for renminbi globalization.
SINGAPOREANS are feeling more inclined to reach for their wallets as better job prospects and personal finances stoke confidence, according to a Nielsen global consumer confidence survey. Consumer confidence here indexed at 96 in
In a bid to bolster oil production at a time of dwindling reserves, the government is trimming down the tax obligations of petroleum companies. Oil and gas contractors would be exempt from import duties,
WORKERS WERE LEFT empty-handed on Labor Day, not even getting the non-wage benefits earlier promised by officials or the traditional May Day greeting from President Benigno S. C. Aquino III. Presidential Spokesman Edwin Lacierda
Thailand ranks second in the world for planned new jobs, says a business report from Grant Thornton International. Business optimism in Asia-Pacific grew to 48% from 35% over the past three months, with the
Inflation slowed for a fourth straight month in April as government measures and subsidies continued to hold down prices and continued baht gains eased energy costs. Commerce Ministry figures showed consumer prices rising by
Sunway Bhd, controlled by property tycoon Tan Sri Jeffrey Cheah, has won a RM222 million contract from Cititower Sdn Bhd to construct a new mixed-commercial project at the eastern corner of the Kuala Lumpur
AS VOLATILITY in the United States and Europe eases, Asia must now look inward and guard against the risk of overheating, the International Monetary Fund (IMF) said. The global economy has shown signs of
Leading property firms Lippo Group and Sentul City will team up to develop an integrated urban area in Sentul, near Bogor, the pair have announced. The project, to be built over 20 hectares, will
Malaysians abroad got into an early polling mood, with high turnout in some of the 103 missions worldwide that also provided drinks and snacks for those who waited to cast their votes. Election Commission
Legal and historical evidence proving Vietnam’s sovereignty over Hoang Sa (Paracel) and Truong Sa (Spratly) archipelagos were introduced at an international seminar in the central province of Quang Ngai on April 27 and 28.