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Search Result for “central bank”

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BUSINESS

Govt backs SFIF contribution cut

News, Wichit Chantanusornsiri, Published on 01/07/2020

» The cabinet on Tuesday allowed specialised financial institutions to halve their contribution to the Specialised Financial Institution Development Fund (SFIF) to 0.125% of deposit base for two years, starting this year.

BUSINESS

Currencies slump, funds flee emerging markets

Business, Published on 08/09/2018

» Recap: Emerging stock markets, especially those in Asia, experienced heavy fund outflows as concerns mounted over the health of emerging economies in general, and contagion impact from the likes of Argentina and Turkey. The Indonesian rupiah hit a two-decade low and the Indian rupee also lost more ground. US-China trade tensions continue to cast a pall over markets as well.