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Malaysia believes 139 bodies in migrant graves: minister WANG KELIAN: Malaysia said on Thursday it believes 139 people are buried in graves at remote detention camps used by people-smugglers on the Thai border which were discovered on the weekend."Based on the size of the graves, and after the area was cleared... we have a clearer indication -- single grave, single person," Deputy Home Minister Wan Junaidi Tuanku Jaafar told reporters.When asked by AFP if he believed that there are 139 bodies since Malaysia has previously said it had discovered 139 grave sites, Wan Junaidi said: "Yes".Copyright AFP (Agence France-Presse), 2015

Plunge in Thai April factory output shows continuing economy woes BANGKOK: Thai factory output tumbled more than expected in April, the latest evidence that the country's key economic engines remain wobbly and the junta is struggling to move the economy forward.With exports and domestic demand still weak, Southeast Asia's second-largest economy has not regained traction one year after the army took power to end months of political turmoil.The Industry Ministry said on Thursday factory output in April fell 5.3 percent from a year earlier, the ...

Philippine economic growth slows to three-year low MANILA: Philippine economic growth in the first quarter slowed to a three-year low of 5.2 percent, well below forecasts, due to lethargic government spending and weak exports, officials said Thursday.The expansion in the January-March period for what has recently been one of Asia's best performing economies was the worst since the 3.8-percent expansion in the last quarter of 2011, according to government data.It was also lower than the 6.6-percent median forecast of a Bloomberg survey ...

Brazil's government cuts 2016 growth forecast to 1.0pc BRASILIA: Brazil's Planning Ministry cut its forecast for 2016 economic growth to 1.0 percent, from 1.3 percent previously, according to slides shown during a Congressional hearing with minister Nelson Barbosa on Wednesday. The forecast is in line with market expectations compiled by the central bank.Copyright Reuters, 2015

NZ's Fonterra forecasts NZ$5.25 dairy payout for coming year WELLINGTON: New Zealand dairy co-operative Fonterra raised its forecast payout to farmer shareholders for the coming season on Thursday, but further lowered its forecast for the current season. The world's largest dairy processor set NZ$5.25 a kilogram of milk solids as the initial forecast of the price it will pay, which was broadly in line with expectations. However, it lowered its forecast for the current season, which close to ending, by 10 NZ cents to ...

Less active North Atlantic hurricane season forecast: US WASHINGTON: This year's North Atlantic hurricane season is forecast to be less active than usual, the US government said Wednesday.There is a 70 percent chance of six to 11 tropical storms during the span from June 1 to November 30, the National Oceanographic and Atmospheric Administration said.Of those, three to six could strengthen into hurricanes, including one or two of category 3, 4 or 5, with winds of at least 111 mph (178 kph).Copyright AFP ...

FARC peace negotiator killed in Colombia strike: rebels HAVANA: Colombia's FARC guerrillas said Wednesday that one of their peace negotiators was killed in an air strike last week that has threatened to derail their talks with the government on ending the five-decade conflict.FARC commander Pastor Alape said his comrade in arms Jairo Martinez was "among the guerrillas murdered" in a strike Thursday on the western rebel stronghold of Cauca that killed 27 rebels.Alape also confirmed that rebel commander Roman Ruiz, a member of ...


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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.795 bln
Exports $1.995 bln
Imports $3.790 bln
WeeklyMay 28, 2015
Reserves $17.494 bln