phil01
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Philippines: High rates force rejection of all T-bond bids

MANILA, Philippines — The government yesterday failed to borrow P35 billion from domestic investors after they asked for yields that went beyond expected levels. The Bureau of the Treasury rejected all bids for the P35 billion in reissued 10-year Treasury bonds (T-bonds) due to mounting monetary pressures. Likewise, demand for the long-term securities fell short […]

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vn01
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Vietnam: Optimistic business signals fuel expectations of a stable and rapid recovery

Vietnam’s economy has recently received many optimistic signals from the business community, which are fuelling expectations of a stable and rapid recovery after a long disruption due to the COVID-19 pandemic. At the press conference on Monday, Nguyen Van Lam, Deputy Director of the HCM City’s Department of Labour, Invalids and Social Affairs said nearly 135,000 workers had returned to work […]

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