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Philippines: Economists see one more rate hike in Q4

MANILA, Philippines — Private economists expect the Bangko Sentral ng Pilipinas (BSP) to continue with its tightening episode as the 150-basis-point rate hike is not enough to curb rising inflationary expectations. Benjamin Shatil, regional economist at J.P. Morgan, said the BSP’s Monetary Board is expected to further raise interest rates by another 25 basis points in the […]

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Thailand: State pact on e-marketplace scheduled

The Digital Economy and Society (DE) Ministry is set to deliver an integrated e-marketplace platform by October as a tool to promote e-commerce activities nationwide.  The move will enable people to easily access a digital marketplace through the government’s national broadband network for villages, or “Net Pracharat” project.  The DE Ministry plans to sign a […]

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