Showing 51-60 of 1,017 results
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Central bank 'open' to easing if economic weakness drags
Bloomberg News, Published on 09/02/2024
» A top Thai monetary policymaker said the Bank of Thailand (BoT) is willing to lower borrowing costs if it is convinced that the weakness in the economy is persistent and not transitory.
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Singapore rejects first major land bid since 2011
Bloomberg News, Published on 08/02/2024
» SINGAPORE - Singapore rejected a bid for a prime state land parcel for the first time in more than a decade, judging it to be too low.
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Singapore builds AI model to 'represent' Southeast Asians
Bloomberg News, Published on 08/02/2024
» SINGAPORE - Like millions worldwide, Southeast Asians have been trying out large language models (LLMs) such as Meta's Llama 2 and Mistral AI - but in their native Bahasa Indonesia or Thai. The result has usually been gibberish in English.
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Singaporeans flock to Malaysia for bargains as dollar hits record high
Bloomberg News, Published on 08/02/2024
» SINGAPORE - Carman Lee is back in Ipoh, her hometown in northwestern Malaysia, after a seven-and-half hour bus ride from Singapore for the upcoming Lunar New Year. The Westin Singapore employee has another reason to celebrate this festive season: an all-time high local dollar that makes everything that much cheaper against the ringgit.
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Government taps Chinese influencers to boost exports
Bloomberg News, Published on 07/02/2024
» The government is planning to enlist Chinese social-media influencers to hawk things from the so-called elephant pants to local sweet delicacies to their followers back home, as part of the Southeast Asian nation’s bid to shore up exports to the world’s No. 2 economy.
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Tesla sold only one car in Korea in January
Bloomberg News, Published on 07/02/2024
» SEOUL - Tesla Inc sold just one electric vehicle (EV) in South Korea in January as a raft of headwinds, from safety concerns to price and a lack of charging infrastructure, weigh on demand.
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Central bank seen resisting rate-cut pressure
Bloomberg News, Published on 07/02/2024
» The Bank of Thailand (BoT) will probably keep its benchmark rate steady at more than a decade-high on Wednesday, resisting political pressure for a cut as the monetary authority is wary of lowering borrowing costs too soon.
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Changi Airport traffic hitting pre-Covid levels
Bloomberg News, Published on 06/02/2024
» Singapore Changi Airport’s passenger volumes are expected to reach pre-pandemic levels in 2024, the country’s transport ministry said in a written response to parliamentary questions.
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Red Sea danger leads global oil buyers to switch markets
Bloomberg News, Published on 05/02/2024
» NEW YORK - The global oil market is looking increasingly local as militant attacks in the Red Sea and surging freight rates make supplies from closer to home more attractive.
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Sugar outlook worsens as yields slide after dry spell
Bloomberg News, Published on 06/02/2024
» Thailand’s sugar output is set to be even lower than expected this season after dry weather stunted growth, which will squeeze global supply and could extend a rally in benchmark futures.
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