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Vietnamese Airlines forecast to lose over US650 million in 2021
Vietnamese airlines are projected to post a total loss of VND 15 trillion (US$650 million) in 2021, with their revenue continuing to plunge compared to that of last year
Emerging Markets: Philippines stocks up ahead of central bank meet; virus concerns hit Indian stocks
Philippine shares rose on Thursday on expectations that the central bank would maintain its accommodative monetary policy, while Indian stocks posted sharp losses as rising coronavirus cases raised fears of fresh restrictions.
Thailand: Govt sticks to 4% GDP growth target this year but Feb exports drop 2.59% y/y, bigger fall than forecast
Thailand is maintaining its economic growth target of 4% this year, supported by fiscal measures as well as authorities' containment of a new coronavirus outbreak and vaccine distribution plans, a deputy prime minister said on Thursday.
Your adventures and motoring joy awaits with a MINI test drive
THERE'S no better time to test drive and enjoy the "Ultimate Go-Kart" feeling of a MINI, and get substantial savings due to sales and service tax (SST) exemptions till June 30,2021.
Thailand keeps rate at record low, cuts GDP outlook
BANGKOK: The Bank of Thailand kept its benchmark interest rate unchanged at an all-time low and cut its growth forecast as it lets fiscal measures take the lead in reviving the economy from its sharpest fall in more than two decades.
Indonesia finance ministry pledges to continue tapering fiscal support
Indonesia will not withdraw fiscal support for the economy abruptly, but will continue lowering the deficit, with the 2022 budget gap set to be below this year's level, Finance Minister Sri Mulyani Indrawati said on Wednesday.
Indonesia pledges reforms will ensure Central Bank independence
Indonesia’s finance minister sought to dispel concerns over the future independence of the country’s central bank, saying proposals to increase the monetary authority’s role in supporting economic recovery will also ensure its autonomy.
Thai c.bank keeps key rate at record low, cuts 2021 GDP outlook
The Bank of Thailand's (BOT) monetary policy committee voted unanimously to hold the one-day repurchase rate at 0.50% for a seventh straight meeting.
Climate change to be part of China’s policy framework
BEIJING: The People’s Bank of China (PBoC), the central bank, has decided to adjust its monetary policy framework by including climate change-related factors, an indication that policymakers are focusing more on sustainability and financial stability as the economy continues to recover from Covid-19 shocks, experts said.