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HANOI, Oct 26 (Reuters): Vietnam's prime minister Nguyen Xuan Phuc said on Monday night (Oct 26) the country's exchange rate policy was not aimed at helping its exports and asked that US President Donald Trump have "a more objective assessment of the reality in Vietnam".
BANGKOK (The Nation/ANN): New central bank governor Sethaput Suthiwartnarueput said he is concerned about the ongoing political unrest, but added that the economy is resilient enough to survive any shock.
New governor looks at measures to boost economy
WASHINGTON/HANOI, Oct 3 (Reuters): The United States is opening an investigation into whether Vietnam has been undervaluing its currency and harming US commerce, the US Trade Representative's office said in a statement on Friday night (Oct 2).
KUALA LUMPUR: The Asian Development Bank (ADB) has maintained its gross domestic product (GDP) forecast of 6.5 per cent for Malaysia next year in its September update, but downgraded 2020 growth rate to -5 per cent from -4 per cent previously.
The country’s economy, which recovered in 2019, is expected to continue this year amid a sharp slowdown in the global economy, according to the 2019 Annual Consultation Report on Brunei Darussalam published by the Asean+3 Macroeconomic Research Office (AMRO).
SYDNEY: Australia’s central bank has unexpectedly expanded its low-cost funding scheme for lenders as the economy looked set to post its worst contraction since the Great Depression due to the coronavirus pandemic.
BANDAR SERI BEGAWAN (Borneo Bulletin/ANN): The Brunei economy recovered in 2019 and the recovery is expected to continue this year amid a sharp slowdown in the global economy, according to the 2019 Annual Consultation Report on Brunei Darussalam published on Monday (Aug 31) by the Asean+3 Macroeconomic Research Office (AMRO).