MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) delivered yesterday its biggest rate hike in a decade, raising interest rates by 50 basis points despite the slowdown in the country’s economic expansion in the second quarter. BSP Governor Nestor Espenilla Jr. said in a press conference yesterday the Monetary Board noted that the baseline forecasts have shifted higher […]
Read MoreSixty-four percent of people surveyed in Myanmar are eager to open a bank account and utilise latest payment systems, according to Visa’s latest study. The majority of people in Myanmar wish to have access to banking services and cashless payment methods, such as credit and ATM cards, mobile payments, contactless payments and payment via QR […]
Read MoreMANILA: Economic growth in the Philippines weakened to a three-year low last quarter, missing all economists’ estimates. Stocks and the peso fell. Gross domestic product (GDP) rose 6% in the second quarter from a year earlier, the Philippine Statistics Authority said in a briefing in Manila. That was the weakest pace since 2015, according to […]
Read MoreThe Hanoitimes – VinaCapital affirmed its intention to strike a partnership with Ba Huan in the future provided more favorable conditions. VinaCapital, one of the two largest asset management company in Vietnam besides Dragon Capital, has agreed to terminate a controversial investment in Ba Huan JSC, a leading poultry firm in the country, after the latter […]
Read MoreGoogle is eyeing 10 million small and medium enterprises (SMEs) in Indonesia to avail themselves of its business services by 2020. The company had begun to offer training courses for SMEs in Indonesia in 2015 and currently served 1 million SME customers, Google Indonesia marketing head Veronika Utami said on Friday, adding that the participating […]
Read MoreRetailEX Asean, the largest annual international trade exhibition and conference in Southeast Asia, catering to retailers and brands focused on succeeding in regional markets, will be held from September 19 to 21 in Halls 3 and 4 of Impact Exhibition and Convention Centre in Bangkok. The theme will be “Transforming the Asean Retail Landscape”. More […]
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Thailand
