MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has further extended operational relief measures by relaxing the guidelines on foreign exchange transactions amid the pandemic. BSP Deputy Governor Francisco Dakila Jr. said the regulator has temporarily lifted the prescriptive periods for the submission of application for registration of foreign investments, notice to the BSP […]
Read MoreThe Bank of Thailand on Thursday issued a new debt relief measure aimed at reducing Thais’ interest rate burden from 16-25 per cent to 5.5-8.8 per cent. The debt consolidation measure will allow borrowers to bundle their credit card, personal and mortgage loans into one sum, Thanyanit Niyomkarn, assistant central bank governor said on Thursday […]
Read MoreThe Hanoitimes – Hanoi’s advantages of geographical location and friendly investment environment appeal to South Korean investors as Covid-19 continues to rage. After months of market research in Hanoi, Park Hyo-Sung, a representative of Seoul-based Peopleinstory Company, plans to invest VND200 billion (US$8.6 million) in setting up a disposable glove factory in the city for export […]
Read MoreThe Ministry of Public Works and Transport (MPWT) is working to further ease Cambodia’s transport logistics to bring more competitiveness among other countries in the region. The endeavour was highlighted by Senior Minister Sun Chanthol in a meeting at the ministry with a working group to address challenges for the Cambodia-Vietnam and Cambodia-Thailand border crossings. […]
Read MoreKUALA LUMPUR: Malaysia’s exports in July 2020 rose by 3.1% to RM92.53bil from a year ago and it was the second highest export value ever registered, after RM97.12bil in October 2018. A statement by the Minister of International Trade and Industry (MITI) on Friday China continued to be the biggest export market for the fourth […]
Read More[SINGAPORE] Singapore will remain “open and connected” as a financial hub even as it tightens restrictions on foreign workers to protect local jobs amid the recovery from the coronavirus pandemic, Trade and Industry Minister Chan Chun Sing said. New rules to limit foreign worker visas won’t affect Singapore’s status as a business hub, Mr Chan said on […]
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