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Philippines: BSP to keep accommodative stance

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) may keep the country’s accommodative monetary policy stance over the next two years to help the economy fully recover from the impact of the COVID-19 pandemic. In an interview with ANC’s Market Edge, BSP Governor Benjamin Diokno said monetary authorities are likely to maintain the current […]

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Cambodia: Boost for special economic zones

Cambodia exports via Svay Rieng province-based special economic zones (SEZs) alone reached more than $124.87 million in August, an increase of more than $57 million in July, according to figures from the Ministry of Commerce. Most products exported were garment, footwear, bicycles and spare parts and most were sent to the US and EU markets. […]

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Only 5% FDI projects in Vietnam use high technologies

The Hanoitimes – Vietnam is home to 32,539 valid foreign direct investment (FDI) projects with registered capital of a combined US$381 billion, of which US$233 billion has been fully disbursed. A report from the Ministry of Planning and Investment (MPI) outlining Vietnam’s strategy for foreign investment in the 2021 – 2030 period suggested only 5% foreign-invested […]

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Singapore: 5,400 jobs available in food services and food manufacturing sector; 2 in 5 for PMETs

SINGAPORE – Some 5,400 jobs in food services and food manufacturing have been available since April under the SGUnited Jobs and Skills Package, with about two in five of them for professionals, managers, executives and technicians (PMETs). About 2,070 jobs are for PMETs, in roles such as food technologists, chefs, food and beverage services managers and […]

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Thailand Post offers app with no driver fees

Thailand Post, through subsidiary THP Distribution, plans to launch its own parcel delivery app allowing drivers to sign up for the platform to deliver packages with no driver-side fees. The state-owned courier also plans to allow convenience store chains to rent space at its 5,000 total locations as a new revenue stream. “Pool Space” is […]

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