MANILA, Philippines — The Department of Trade and Industry (DTI) is urging Japanese firms to invest in sustainable industries, including electric vehicles (EVs) and develop green metals like nickel, copper, and cobalt. Trade Secretary Ramon Lopez made the call to Japanese firms during the recent virtual Philippine Economic Briefing organized by the Philippine Embassy in […]
Read MoreSome 93% of Thai banking customers say the availability of online or digital services through their bank is important, according to a new report by Mambu, a digital financial services platform developer. While 61% of consumers globally have made greater use of digital banking services over the last 18 months, in Thailand the figure is […]
Read MoreThe government has decided to extend tax exemptions to sectors ravaged by the Covid-19 outbreak, to allow businesses breathing space for recovery and boost economic growth amid a lingering uncertainty over the convergence of crises brought on by the pandemic. Speaking at the inauguration of National Road 11 and associated roads in the Prey Veng […]
Read MoreVietnam is showing signs of socio-economic recovery though the COVID-19 pandemic remains complex, according to Francois Painchaud, Regional Resident Representative of the International Monetary Fund (IMF) in the country. Speaking at the Vietnam Economic Forum 2021 on December 5, Painchaud said the this started in the fourth quarter, and the country can achieve a GDP […]
Read MoreSINGAPORE – Singapore companies and the banking sector are less vulnerable to financial risks and potential shocks now than they were at the beginning of the Covid-19 pandemic. The vulnerability of Singapore companies came down from an elevated level a year ago as their earnings improved, enabling them to build up cash buffers and better service […]
Read MoreMANILA, Philippines — Lending by Philippine banks is expected to accelerate at a faster rate of eight percent next year from a three percent growth this year as the economy continues to recover, according to Fitch Ratings. In a report, the debt watcher said the Philippine banking system’s financial performance is expected to recover moderately […]
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