MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) may extend its prudent pause by keeping interest rates unchanged anew on Thursday, but could deliver a surprise to support the pandemic-battered economy, according to analysts. ING Bank Manila senior economist Nicholas Mapa said there is a chance for a surprise move by the Monetary Board […]
Read MoreThe country’s success in containing Covid-19 has come at a price: huge losses of income from foreign visitors. To lure overseas visitors and give the tourism industry a shot in the arm, the government introduced a special tourist visa (STV) scheme and recently approved a guideline for foreign tourists and crews of foreign super-yachts looking […]
Read MoreJAKARTA (XINHUA) – Indonesia was expected to lead the implementation of the International Year of Creative Economy 2021 effectively for the recovery of the creative economic sector amid the COVID-19 pandemic, officials said. The plan initiated by Indonesia was decided by the United Nations (UN) through the UN General Assembly Resolution No 74/198. This is […]
Read MoreVietnamese Prime Minister Nguyen Xuan Phuc and Singaporean Prime Minister Lee Hsien Loong launched the ASEAN Smart Logistics Network on Saturday. The Vinh Phuc inland container depot and logistics centre was granted an investment licence the same day. The project, located in the northern province of Vinh Phuc, has been developed by Vietnam’s T&T Group […]
Read MoreUS ambassador to Thailand Michael George DeSombre and his counterparts from Australia, Britain, Germany and Japan have urged the Thai government to ease business restrictions in Thailand to attract more foreign direct investment in the post-Covid era. The five foreign missions proposed 10 steps for Thailand to crack the top 10 in the World Bank’s […]
Read MoreCambodia’s paddy rice is flowing to the market in Vietnam as local farmers are harvesting the latest crop of the year. Minister of Agriculture, Forestry and Fisheries Veng Sakhon said to date a total of 22,131 tonnes of different varieties of paddy rice was exported to Vietnam. “The export is done through Prey Veng province […]
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