RESULTS
Vietnamese Prime Minister Pham Minh Chinh called on the country’s banks to be vigilant regarding the challenges and opportunities that stem from the domestic and global economic turbulence, in order to keep the banking system safe and stable.
Exports and imports in Indonesia had dropped below market expectations, however it still managed to retain a strong growth, an increase by 20.3% year-on-year and 22% respectively.
According to MIDF Research, international investors continued to be the equity net sellers for the sixth consecutive week on the country’s burse as they evacuated RM479.7 million last week compared to RM336.9 million in the previous week.
The Federation of Thai Industries (FTI) has ramped up its efforts to assist the small and medium sized enterprises (SMEs), particularly the micro-SMEs, as they grapple with the financial burdens of interest rate hikes and an increased minimum wage.