Since 2020 began, the Philippine business landscape has been shaken by unfortunate series of events, from the Taal Volcano eruption in January to the ongoing coronavirus disease 2019 (Covid-19) pandemic. Businesses continue to be floored by these, plus other external factors. The question now is: How can they, especially small and medium enterprises (SMEs), bounce […]
Read MoreSiam Commercial Bank (SCB), the country’s fourth-largest lender by assets, has won preliminary approval for a subsidiary business licence in Myanmar, targeting 7 billion baht in loans in the first five years of operation. The bank expects to set up the subsidiary and begin operations by the end of 2020, said chairman and chief executive […]
Read MoreThe Hanoitimes – Vietnam central bank is ready to intervene in the foreign exchange market in case of necessity. Vietnam’s foreign exchange reserves now stand at a record high of US$84 billion, enabling the government to ensure macro-economic stability, according to the Governor of the State Bank of Vietnam (SBV) Le Minh Hung. “The SBV and […]
Read MoreWith extensive experience in family businesses, politics and regulation, Korkij Danchaivichit has a strong will to shore up Thailand Post as it weathers fierce competition from other courier services. Mr Korkij started work as chief executive of the postal service on March 2, becoming the first outsider in the top job of the 18-year-old state […]
Read MoreConsumer confidence slumped to a historic low in March as people worried about the spread of the coronavirus, which is estimated to cost 1-1.5 trillion baht in losses to the economy in the first half of this year. The University of the Thai Chamber of Commerce (UTCC) reported yesterday that the consumer confidence index fell […]
Read MoreThe Consumer Price Index (CPI) in February increased by 1.4 per cent year-on-year compared to February 2019. Prices of Food and Non-Alcoholic Beverages increased by 1.0 per cent. Meanwhile, Non-Food prices increased by 1.5 per cent. The CPI increase was largely attributed to increases in the prices and costs of Miscellaneous Goods and Services (11.4 […]
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