MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) may deliver another 25-basis-point rate cut this year amid the benign inflation environment, as well as the slow recovery from a deep economic hole caused by the pandemic, according to S&P Global Ratings. In a report, the debt watcher said another rate cut by the Monetary […]
Read MoreThe Hanoitimes – Core inflation rose 2.43% year-on-year in the first eleven months of 2020. After five consecutive months of rise, Vietnam’s consumer price index (CPI), the main gauge of inflation, in November dipped by 0.11% against October, but was up 0.08% versus the end of 2019 and 1.48% year-on-year, according to the General Statistics Office […]
Read MoreThe Ministries of Foreign Affairs of Laos and Vietnam have extended cooperation in encouraging and monitoring the implementation of collaboration in all fields over the next five years. Minister of Foreign Affairs Mr Saleumxay Kommasith, and Vietnam’s Deputy Prime Minister and Minister of Foreign Affairs, Pham Binh Minh, on Sunday signed a cooperation agreement for […]
Read MoreSINGAPORE: Funds transfer services PayNow and Fast (Fast And Secure Transfers) will soon become more widely used in Singapore, with financial institutions other than banks tapping the platforms. This is set to make e-payment adoption simpler for both businesses and individuals. Starting February 2021, eligible non-bank financial institutions would have direct access to the banking […]
Read MoreBank share prices rallied by about 30% in November as investors gained confidence in an economic recovery amid progress in the development of Covid-19 vaccines, say analysts, although non-performing loans (NPLs) are expected to surge in the second half of 2021 once debt relief schemes come to an end. Charlie Kueyen, an analyst at KGI […]
Read MoreThe government has released a new ecommerce strategy to address how the nation can best benefit from the rapid growth over the last decade of the Kingdom’s digital economy. One of the main focuses of the strategy is how to improve digital literacy in order to close any skill gaps that would hinder Cambodia’s ecommerce […]
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Thailand
