MANILA, Philippines — Rates for short-term government securities plunged yesterday following the central bank’s surprise 50-basis-point rate cut last week, according to the Bureau of the Treasury (BTr). During yesterday’s auction, the 91-day Treasury bills (T-bills) fetched an average rate of 1.746 percent, 32.2 basis points lower than the 2.068 percent recorded last week. Healthy […]
Read MoreThailand will lift a ban on international flights on Wednesday, its aviation regulator said on Monday. The Civil Aviation Authority of Thailand (CAAT) said the ban on international flights will be lifted on Wednesday under some conditions. Aircraft and persons entering Thailand must comply with the conditions, time limits and rules of the authorised persons […]
Read MoreThe Foreign Ministry has informed Thailand’s foreign chambers of commerce that foreigners who have work permits or permission from Thai government agencies will soon be allowed to enter the kingdom. Currently, Thai nationals who wish to return to the country are being accommodated while some particular groups of foreigners such as diplomats or humanitarian workers […]
Read MoreKUALA LUMPUR, May 29 — The Department of Statistics Malaysia (DOSM) has predicted that the country is heading into an economic recession in the next four to six months. In the Malaysian Economic Statistics Review (MESR), chief statistician Datuk Seri Mohd Uzir Mahidin said that their prediction was based on the latest leading Indicators and […]
Read MoreVietnam will allow the import of live pigs for the first time in a bid to counter the skyrocketing live hog prices in the domestic market, said an agricultural official. Deputy Minister of Agriculture and Rural Development Phung Duc Tien noted the import will be under tight monitoring to prevent negative impacts on the local […]
Read MoreMANILA, Philippines — The World Bank has approved a fresh $500-million loan to the Philippines to help the country fund its social assistance and wage subsidy programs for small and medium enterprises amid the coronavirus pandemic. The Philippines Emergency COVID-19 Response Development Policy Loan will support the social amelioration program for 18 million low-income families […]
Read More
Thailand
