MANILA, Philippines — DBS Bank Ltd. of Singapore expects the Bangko Sentral ng Pilipinas (BSP) to slash interest rates by another 50 basis points until the first quarter of next year as it lowered the country’s gross domestic product (GDP) growth forecast for this year. Masyita Crystallin, economist for the Philippines and Indonesia at DBS, […]
Read MoreThe 16th China-ASEAN Expo and China-ASEAN Business and Investment Summit that took place in Nanning, Guangxi Zhuang Autonomous Region, last month signifies advances in China’s Belt and Road Intiative, observers say. The theme for this year’s event, which has been held since 2013, was “Building the Belt and Road, Realising Our Vision for a Community […]
Read More[JAKARTA] Indonesia plans to raise its bond issuance this year by around 15.3 trillion rupiah (S$1.49 billion) to 841 trillion rupiah, anticipating a widening of the 2019 fiscal deficit to 1.9 per cent of gross domestic product (GDP), a government official said on Friday. The official, who has direct knowledge of the matter, declined to […]
Read MoreThe Hanoitimes – Vietnam’s upcoming strategy on Industry 4.0 would focus on building an e-government towards the goal of digital government for greater transparency and efficiency. The nature of the Fourth Industrial Revolution, or Industry 4.0, is an institutional revolution, according to Nguyen Van Binh, Politburo member and head of the Party Central Committee’s Economic Commission. Resolution […]
Read MoreBangkok ranks 75th out of 102 cities worldwide in smart city rankings, according to the IMD Smart City (SCI) Index for 2019. It’s the first edition of the index, jointly commissioned by the World Competitiveness Center’s Smart City Observatory, under the IMD Business School in Switzerland and Singapore, and Singapore University of Technology and Design. […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) expects foreign direct investment (FDI) inflows to drop this year following a sharp decline in the first half due to uncertainties caused by the mid-term elections last May, as well as the second package of the comprehensive tax reform program (CTRP). BSP Governor Benjamin Diokno said […]
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Thailand
