MANILA, Philippines — Peso rediscounting loans extended by the Bangko Sentral ng Pilipinas plunged by 78 percent to P26.9 billion last year from a record P122.7 billion in 2019 due to lack of takers amid the massive liquidity released by the BSP in the financial system to cushion the impact of the pandemic. Latest data […]
Read More[BANGKOK] Thailand has approved more measures to mitigate the impact of the coronavirus pandemic after its biggest outbreak yet, including soft loans and lower utility bills, Prime Minister Prayuth Chan-ocha said on Tuesday. The new measures aim to boost liquidity for businesses, provide debt relief and support for unemployment, Mr Prayuth said, adding that an […]
Read MoreThe Hanoitimes – Prime Minister Nguyen Xuan Phuc requested the group to strengthen cooperation with foreign partners, mostly Russians to tap potential for further development and ensure security for contractors as well. Vietnam Oil and Gas Group (Petrovietnam) is calling for investment in exploring and exploiting two newly-found gas fields. The call was made at the […]
Read MoreMajority of foreign enterprises eye the manufacturing sector for investments in the first quarter of the current financial year 2020-2021, pulling in US$158 million from 13 projects, the Directorate of Investment and Company Administration (DICA) stated. Myanmar has attracted foreign direct investments of more than US$348.8 million in Oct-Dec of current FY, including the expansion […]
Read MoreHANDLING the labour market shock wrought by the Covid-19 pandemic requires “high-quality and effective coordination”, said Senior Minister and Coordinating Minister for Social Policies Tharman Shanmugaratnam on Tuesday, at the Institute of Policy Studies (IPS) Singapore Perspectives 2021 conference. Singapore’s approach is not just to put people back at work as quickly as possible, but […]
Read MoreMANILA, Philippines — The Philippines is seen recovering from the pandemic-induced recession with a gross domestic product (GDP) growth of 6.9 percent this year and eight percent next year, prompting international debt watcher Fitch Ratings to affirm the country’s credit rating and outlook. The London-based credit rater affirmed the BBB rating and stable outlook of […]
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Thailand
