-
The Philippine central bank will further limit access to special deposit accounts, stepping up efforts to curb inflows and reduce costs of managing liquidity.
-
Jeany Rose Callora left her home on the Philippine island of Negros last year to work at a soft- drinks factory in Manila, hoping to earn money for college. When her contract ended six months later, she said she couldn’t get another job in Southeast Asia’s fastest growing economy.
-
Indonesia will raise subsidized fuel prices only after the state budget is revised to account for compensation programs for the poor, probably in May, President Susilo Bambang Yudhoyono said.
-
Indonesia may raise fuel prices to the same level across all categories instead of revising them by vehicle type in its bid to curb subsidies, a presidential spokesman said.
-
Indonesia may raise fuel prices to the same level across all categories instead of revising them by vehicle type in its bid to curb subsidies, a presidential spokesman said as an announcement on the policy nears.
-
Vietnam devalued its currency for the third time since November, moving to reverse a slump in exports that helped to drive stocks close to a bear market.
-
Indonesian foreign-exchange reserves will probably plunge the most since at least the Asian financial crisis this quarter, putting pressure on President Susilo Bambang Yudhoyono to cut fuel subsidies and curb imports.
-
The Philippine peso fell to a one- week low after exports unexpectedly contracted in August, signaling risks to the Southeast Asian economy’s fastest expansion since 2010. Government bonds rose.
-
The Philippine peso advanced the most in four weeks after Fitch Ratings said the nation was expected to meet its 3 percent to 5 percent inflation target this year.
-
Indonesia kept interest rates unchanged for a 13th consecutive meeting as accelerating inflation reduced scope for the central bank to lower borrowing costs and support slowing economic growth.
Rate this Page