Showing 161 - 170 of 259
Indonesia central bank keeps key rate unchanged
Reuters, Published on 19/08/2020
» JAKARTA: Indonesia's central bank kept its policy interest rate unchanged on Wednesday, prioritising market stability but loosened some lending rules to spur consumption in the pandemic-hit economy.
Pandemic forces Malaysian palm industry to rethink reliance on foreign labour
Reuters, Published on 18/08/2020
» KUALA LUMPUR: Malaysia's palm oil producers are embarking on a rare recruitment drive to hire locals and accelerating industry mechanisation as they grapple with a severe shortage of foreign labour due to the coronavirus pandemic.
Netflix tools up in SE Asia as Disney+ arrives
Reuters, Published on 17/08/2020
» SINGAPORE: US streaming giant Netflix is ramping up its mobile-only subscription plans in Southeast Asia and expanding local content, senior executives told Reuters, just as arch-rival Disney arrives in the fast-growing market.
Stocks jump as BoT says economy recovering
Reuters, Published on 05/08/2020
» Thai stocks turned positive on Wednesday after the Bank of Thailand (BoT) held interest rates as expected and predicted second-quarter output would be better than forecast, while warning it was ready to quell gains for the baht.
Southeast Asia budget airline boom turns sour
Reuters, Published on 21/07/2020
» SYDNEY/SINGAPORE: Southeast Asian low-cost carriers, a key growth engine for planemakers and leasing companies for a decade before the pandemic, are faltering financially as demand plunges, raising questions over whether they can replace and double their fleets.
May exports fall 22.5% y/y, but gold shipments surge
Reuters, Published on 24/06/2020
» Thailand's exports in May dropped by a bigger-than-expected 22.5% from a year earlier, the weakest pace in more than 10 years, due to the impact of the coronavirus pandemic, the commerce ministry said on Wednesday.
Malaysia, Singapore defer high-speed rail project until year-end
Reuters, Published on 31/05/2020
» KUALA LUMPUR: Malaysia said on Sunday it had agreed with neighbouring Singapore to suspend until Dec 31 a project for a high-speed rail link between the capital, Kuala Lumpur, and the city-state, to allow discussion of changes.
India air travel restart hits chaos and cancellations
Reuters, Published on 25/05/2020
» NEW DELHI: Airlines' plans to resume air travel in India were in disarray on Monday after some states restricted the number of flights hours before departure, causing last-minute cancellations and leaving hundreds of passengers stranded.
Malaysia's March factory output falls 4.9%, worst drop in 9 years
Reuters, Published on 12/05/2020
» KUALA LUMPUR: Malaysia's industrial production index fell 4.9% from a year earlier in March, the sharpest decline in nearly a decade, government data showed on Tuesday, as curbs imposed to contain the coronavirus pandemic severely disrupted activity.
Oil soars on coronavirus stimulus spending
Reuters, Published on 19/03/2020
» TOKYO: Oil prices surged nearly 20% on Thursday, bouncing back from days of heavy losses in a relief rally that may yet be short-lived, analysts warned, but which was stoked by economic stimulus efforts to ward off a global coronavirus recession.