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Thailand: Ad spending set to grow 3.5% in 2018

Ad spending this year is estimated to grow 3.5% to 89.5 billion baht, with out-of-home (OOH) and online recording the highest ad growth of 23% and 21% respectively, says ad service provider Media Intelligence (MI).  The girl group BNK 48, Love Destiny, Wife 2018, the World Cup and Asean Games have propelled the advertising business.  MI […]

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Fifth rate hike by Philippines

MANILA: The Philippine central bank raised its benchmark interest rate for a fifth straight meeting to curb inflation, joining Indonesia in tightening monetary policy yesterday. Bangko Sentral ng Pilipinas increased the overnight reverse repurchase rate by 25 basis points to 4.75%, the highest since 2009, it said in a statement in Manila. Rates have been […]

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Singapore, US collaborate further on infrastructure, digital economy and cybersecurity

SINGAPORE and the US strengthened their collaboration on infrastructure, the digital economy and cybersecurity this week, renewing the US-Singapore Collaboration Platform Memorandum of Understanding (MOU) and signing a Declaration of Intent (DOI) to collaborate on a Singapore-US Cybersecurity Technical Assistance Programme for Asean member states. On Tuesday, Ministry of Trade and Industry (MTI) permanent secretary Loh […]

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