Asia’s propylene oxide (PO) prices are likely to trend down in 2016, with losses expected to extend from where it left off in December, industry sources said. SEE MORE HSBC Bank has predicted the State Bank of Vietnam (SBV) will pare back intervention and allow the domestic currency to depreciate further in the coming months as the central bank’s foreign exchange reserves are getting increasingly thin. SEE MORE Analysts have warned that the kieu hoi flow (overseas remittance) to Vietnam would slow, while Vietnamese may deposit dollars at Laos banks instead of Vietnamese as a result of the State Bank’s zero-percent interest rate policy. SEE MORE Markets have stepped into a new year barely recovering from the damages suffered in 2015. Most commodities are stll scraping the bottom, while markets are wondering where the silver line is. SEE MORE The price of US dollar at commercial banks dropped on December 28 after staying at the ceiling rates for the last two weeks. SEE MORE