The Free Trade Agreement between Cambodia and China will be signed during a two-day state visit by China’s Foreign Minister Wang Yi in Phnom Penh today, according to an official announcement on Saturday. The announcement has ended months of speculation about the exact date the agreement would be signed after its original scheduled date of […]
Read MoreMANILA, Philippines — Loans extended by banks to large enterprises that recorded a 25 percent drop in gross receipts and are unable to pay financial obligations due to the pandemic are now considered as alternative compliance with the reserve requirements, according to the Bangko Sentral ng Pilipinas. BSP Governor Benjamin Diokno said the regulator approved […]
Read MoreMost enterprises say they are still experiencing a sharp decrease in revenue, cash flow imbalance and decline in confidence. Chu Tien Dung, chair of the HCM City Business Association, said a recent survey by the association found that only 5 percent of businesses have regained the normal situation and 9 percent have initially overcome difficulties, […]
Read MoreIN FINANCIAL terms, cashflow is akin to the bloodstream of a human being – as much as a healthy bloodstream is key to a person’s vitality, so is a healthy cash flow to a person’s financial wellbeing. It is important that people ensure their financial health via optimal cash-flow management without disregarding this aspect. Taking […]
Read MoreAssurance of a gradual economic recovery has been repeated by Thailand’s financial authorities using empirical evidence, but the reality on the ground reveals more pain in the near term. Despite signs of business activity re-emerging after strict lockdown measures were eased, the Covid-19 pandemic is challenging the business cycle. Sluggish economic conditions and subdued earnings […]
Read MoreMANILA, Philippines — The government is committed to re-open more sections of the economy in line with efforts to return to a growth trajectory, according to the National Economic and Development Authority (NEDA). In a statement over the weekend, Acting Socioeconomic Planning Secretary Karl Chua said the government would also ensure the greater availability of […]
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Thailand
