Tags Posts tagged with "Asian Financial Crisis"

Asian Financial Crisis

Indonesia stops energy projects worth $25 billion as rupiah hits 20-year low

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Indonesia plans to delay $25 billion worth of power projects as it seeks to rein in a widening current-account deficit and a selloff in...
Malaysia’s ringgit hit hard amid geopolitical changes

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Malaysia's currency slid to levels last seen during the Asian financial crisis in 1998, reaching 4.4438 to the US dollar in November 23 trading...
Southeast Asian stock markets bottoming out – time to buy

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Southeast Asian stocks have clearly seen better days, but there is light at the end of the tunnel. In the largest unloading of stocks on...
Malaysia’s debt-ridden 1MDB fund under central bank scrutiny

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Malaysia's central bank said on June 3 it had launched a "formal inquiry" into strategic development fund 1Malaysia Development Bhd (1MDB), which is struggling...
ADB cuts growth forecast for developing Asia

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The Asian Development Bank (ADB) cut its economic growth forecast for developing Asia on October 1, citing weakness in region's two largest economies China...
Lessons learnt: The end of a volatile summer for ASEAN

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The surprise announcement by Federal Reserve chairman Ben Bernanke on September 19 that the Fed will not taper its money stimulus programme yet came...
ASEAN markets await crucial Fed decision

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ASEAN stocks and currencies were down on September 18 as countries eagerly awaited the decision of the US Federal Reserve to reduce its quantitative...
Asia’s worst currency: The rupiah

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Indonesia's currency, the rupiah, has topped India's rupee in being the worst-performing currency in Asia since June, Japanese investment house Nomura said. The currency has...
Bank Indonesia surprises with benchmark rate hike to 6%

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Bank Indonesia, the country's central bank, said on June 13 in an emailed statement that it has raised the benchmark interest rate by 25...
Top fund players charmed by Thailand

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Part of Southeast Asia’s combined economic might of $2.3 trillion, Thailand has curried favour with some of the world’s top fund investors as overseas...
Navis Capital enters Vietnam, Indonesia

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Navis Capital, a Malaysia-based private equity firm, has announced plans to open offices in Vietnam and Indonesia, bringing their pan-Asia network to nine. Eternally on...
Jakarta4

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Among the fastest-growing metropolitan economies in 2012, Jakarta and Bangkok have been found to be the most resilient cities during the current volatile global...
Shopping Mall

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The World Bank is projecting optimistic growth rates for ASEAN-5 countries in its latest report "East Asia and Pacific Economic Data Monitor". Due to...
Singapore Dollars

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Despite Singapore being one of the few AAA-rated Asian countries, its strong reliance on trade and exports means that the economic performance of its larger US and European counterparts cannot be ignored.
Bank Indonesia

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Although the Greek elections have given the global economic community renewed hope for a solution of the European debt crisis in the medium term,...