MANILA, Philippines — Various non-monetary measures and safety net programs of the government are necessary to control the continued increase in prices as raising interest rates alone would not be enough to curb rising inflationary pressures, according to the Bangko Sentral ng Pilipinas. BSP officer-in-charge Chuchi Fonacier said the central bank is reassessing its inflation forecasts and ready to […]
Read MoreThe government may soon regulate Cambodia’s edible bird’s nest industry. In a directive last week, the Ministry of Agriculture urged owners of swiftlet nest farms to register as required by the ministry’s Forestry Administration, said forestry official Yorn Yuth Vorith. The move comes as the Kingdom’s bird’s nest industry continues to grow, with profits soaring. […]
Read MoreThe Hanoitimes – Competition in the country’s credit card market has become stiffer as more big players join large domestic banks and finance companies in the race to gain shares in the potential market. Last week, South Korea’s Lotte Card officially took part in the Vietnamese card market after receiving a license from the State Bank […]
Read MoreGRAB and Uber must pay more than S$13 million in fines for their merger because the deal “removed Grab’s closest rival to the detriment of Singapore drivers and riders”, Singapore’s competition watchdog said on Monday. Uber’s share of the fine is S$6.58 million and Grab’s is S$6.42 million, according to a statement by the Competition and […]
Read MoreTHE potential benefits and opportunities on offer for Brunei Darussalam from the ongoing global hydrogen supply demonstration project between the sultanate and Japan were highlighted during two seminars that recently took place at two local universities. The seminars on the utilisation of hydrogen took place at Universiti Teknologi Brunei (UTB) on September 4 and at […]
Read MoreMyanmar’s economy has taken a beating in recent quarters, with a rising number of companies reporting tougher business conditions and a slowdown in market demand. One of the main reasons is the rising foreign exchange rate. Despite a slew of measures taken by the Central Bank, which included pumping millions of dollars from its reserves […]
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Thailand
