Another think tank has affirmed an emerging consensus that the Philippines’ short-term prospects remain upbeat but concerns are growing that politics and governance could threaten long-term growth. London-based research consultancy firm Capital Economics released a report on Friday saying it remains sanguine about the short-term outlook on the country’s fundamentals. Looking ahead, however, it said […]
Read MoreMORE needs to be done by the government and private sector in educating Filipinos for the country to achieve financial inclusion, the central bank’s 2014 Consumer Finance Survey (CFS) showed. The efforts must focus on improving banking services, retirement programs and policies, and regulation of “shadow banking,” results of the latest quadrennial survey on consumer […]
Read MoreCRUISE ship tourism grew by more than 50 percent in the past five years, a development the government intends to bank on by putting in place a strategy for the tourist-cruising sector to further boost growth. “In the last past five years tourist-cruising has grown at a rate of 52.5 percent,” Tourism Assistant Secretary Maria […]
Read MoreSINGAPORE: A rebound in Singapore’s economy at the end of 2016 has reinforced expectations for the central bank to stand pat in April on hopes that its recent easings will support growth. Eleven out of 14 economists in a Reuters survey said they expect the Monetary Authority of Singapore (MAS) to keep policy unchanged at […]
Read MoreLocal sugar prices will likely be floated in October, or April next year at the latest, in line with the restructuring plan for the industry. At present, the Cane and Sugar Board under the Industry Ministry sets the ex-factory price of white sugar while the Commerce Ministry sets the retail price, now at 24.50 baht […]
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Thailand
