Dong forecast to weaken against US dollar in 2024
Analysts forecast that the Vietnamese dong may depreciate 3% against the US dollar in the first half of 2024 (1H24)…
Thailand records nine million foreign tourists in first quarter
Thailand welcomed 9,370,297 overseas visitors between Jan 1 and March 31, a 44% jump year-on-year, the Tourism and Sports Ministry…
‘Ailing US real estate not a concern for banks’
Local banks’ exposure to US property, including its ailing commercial real estate sector, is small as a share of the…
Karex upbeat about new high-margin product
Karex Bhd is in a good position to beef up its earnings going forward, partly due to a new high-margin…
Govt expects global cocoa price hike to impact domestic industry soon
Indonesia expects a surge in the global price of cocoa may soon affect domestic food and beverage producers, with the…
Positive outlook for sector on tech upcycle
The positive outlook for Malaysia’s manufacturing sector remains intact despite activity staying below the growth threshold for the first quarter…
MISC’s Qatar Energy job win a positive
MISC Bhd will likely put aside some US$780mil in terms of capital expenditure (capex) for vessel investments, having secured three…
Suzuki warns of action against excessive yen volatility again
Japanese Finance Minister Shunichi Suzuki says authorities are ready to take appropriate action against excessive exchange rate volatility, repeating his…
Argentina defeats hedge fund suits over warrants
Argentina has won the dismissal of lawsuits by Aurelius Capital Management and other hedge funds seeking payment on securities tied…