news
-
Indonesia: BI vows to keep rate low in 2021 to support recovery
- December 3, 2020
- Posted by: admin
- Category: Daily News
No CommentsBank Indonesia (BI) will maintain its loose monetary policy stance and keep its benchmark interest rate low in 2021 to support the economic recovery while pledging to strengthen and develop the country’s digital payment system.
-
India: Remittances from urban pockets nearing pre-Covid levels
- December 2, 2020
- Posted by: admin
- Category: Daily News
In signs that a major part of the labour force has returned to urban pockets, remittances in major corridors like Maharashtra, Tamil Nadu, Delhi – NCR, and Gujarat returned to 80-85% levels of the normal
-
Thailand: Another THB43.5bn package to spur consumption
- December 2, 2020
- Posted by: admin
- Category: Daily News
Another THB43.5bn will be allocated to boost domestic consumption and local travel, officials said on 2 Dec 21, as the government tries to revive a flagging, pandemic-hit economy. Some THB22.5bn will be offered to 5
-
Thailand: ‘Further strict’ THB curbs coming – Finance Minister
- December 1, 2020
- Posted by: admin
- Category: Daily News
Recent measures from the Bank of Thailand that aim to restrain the surging THB will likely be followed by “further strict” steps, but policy makers are unlikely to impose outright capital controls, Finance Minister Arkhom
-
Indonesia to spend less than expected of Covid-19 budget by end-2020
- December 1, 2020
- Posted by: admin
- Category: Daily News
The government expects to spend around 95% of the total COVID-19 stimulus budget by end-2020, less than the initial target, as it struggles to ramp up state spending to support an economy still badly hit