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Thailand: Post offers online shopping promotion

Thailand Post will charge people sending a parcel weighing up to one kilogramme 19 baht each, starting on Tuesday, as part of a measure to accommodate online shopping in the wake of the coronavirus outbreak. “The move is to make it more convenient for people buying necessities, particularly consumer goods, via online shops, preventing them […]

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Philippines: BSP expected to cut rates on Thursday

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is seen cutting interest rates by 50 basis points or more on Thursday to cushion the impact of the coronavirus disease 2019 or COVID-19 on the economy. BSP Governor Benjamin Diokno said in a television interview that monetary authorities have enough space as the Monetary Board […]

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Singapore’s non-oil exports up 3% in February, reversing January’s drop

SINGAPORE exports were back in positive territory in February 2020, thanks to a growth in both electronics and non-electronics shipments. Non-oil domestic exports (NODX) rose 3 per cent year-on-year in February, reversing from a 3.3 per cent decline in the previous month, according to figures released by Enterprise Singapore on Tuesday. Electronics exports increased by 2.5 per cent […]

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