MANILA, Philippines — Consumer complaints about failure to avail of banking services, accrued interest as well as questions on suspension of loan payments, rose during the Luzon-wide enhanced community quarantine, according to the Bangko Sentral ng Pilipinas. BSP Governor Benjamin Diokno said the BSP’s Consumer Assistance Mechanism (CAM) received 21,913 complaints through electronic mails from […]
Read MoreFive sectors of telecoms, information and technology, clean agriculture, clean technologies, retail, healthcare and pharmaceuticals have potential for high growth in the next three years. This was revealed in the FAST 500 Ranking Lists 2020, drawn up annually since 2011, which was announced by the Viet Nam Report on Wednesday. The survey said this also […]
Read MoreThe government will borrow K1.3 trillion from the Central Bank of Myanmar (CBM) to plug the budget deficit for fiscal 2019-20, deputy minister for Planning and Finance U Maung Maung Win told Pyidaungsu Hluttaw on May 21. This is expected to be around 20 percent of total borrowings to fund the deficit. It also indicates […]
Read MoreAs Asian supply chains reshuffle in the wake of the pandemic, the government is focusing its efforts to attract foreign investors in need of a new manufacturing base around the medical devices sector, a promising industry in light of the health crisis. The Board of Investment (BoI) aims to set up joint ventures or convince […]
Read MoreKUALA LUMPUR, May 22 — The Leading Indicator (LI) for March 2020 recorded its largest monthly drop since November 1991, following the imposition of a two-week movement control order (MCO) beginning on March 18 to curb the spread of Covid-19. The Department of Statistics Malaysia (DOSM) chief statistician Datuk Seri Mohd Uzir Mahidin said based […]
Read MoreBank Indonesia (BI) will help provide liquidity for local banks involved in a credit restructuring program for micro, small and medium enterprises (MSMEs) as a part of its efforts to support the country’s economic recovery. BI Governor Perry Warjiyo said Tuesday that banks could use sovereign debt papers they held as underlying assets for repurchase […]
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