MANILA, Philippines — Inflation is seen easing further below two percent in the third quarter and the first quarter of next year due to the slump in crude oil prices as well as the expected global economic recession amid the coronavirus pandemic, according to the Bangko Sentral ng Pilipinas (BSP). Dennis Lapid, director of the […]
Read MoreThe Bank of Thailand on Monday plans to kick off applications for the 500-billion-baht soft loan scheme for small and medium-sized enterprises (SMEs) affected by the coronavirus, with banks expected to start taking out the loans from the central bank late next week. Ronadol Numnonda, the central bank’s deputy governor for financial institution stability, said […]
Read MoreThe Hanoitimes – The rate of laborers joining the workforce in the first quarter recorded a 10-year low with 75.4% of the working-age population, down 1.3 percentage points year-on-year. In the year to mid-April, nearly five million workers in Vietnam have become unemployed or forced to take unpaid leave and 84.4% of enterprises were negatively affected […]
Read MoreAll banks in Myanmar will open from 10am to 2pm starting April 28 and last for the duration of COVID-19, the Central Bank of Myanmar (CBM) said on April 24. The decision was made after a video conference between the CBM and private banks on April 21 with the aim of controlling the spread of […]
Read MoreThe Trade Ministry has said that the rice stock from the upcoming harvest season will last through November despite declining production and surging demand. The ministry’s domestic trade director general, Suhanto, estimated rice production to decline by 10 percent to around 17.8 million tons, citing a report by the Indonesian Rice Millers and Entrepreneurs Association […]
Read MoreFor the first time in more than a century of history, Alfa Romeo delivered its thrilling driving experience, outstanding performance and sporty style with a sport utility vehicle – Alfa Romeo Stelvio, which aims to rewrite the rules in the medium-sized premium SUV segment. The Stelvio comes with 2.0-litre Turbo Petrol power plant with 200 […]
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