MANILA, Philippines — Only six digital banks are authorized to operate in the country for now after applicants failed to qualify to fill the remaining one slot due to non-compliance with requirements, according to Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno. Diokno yesterday told participants of the 53rd Annual Conference of the Financial Executives […]
Read MoreSINGAPORE (THE BUSINESS TIMES) – Singapore recorded $5.2 billion in outbound real estate investment deals in the third quarter of this year, representing a 53.9 per cent growth from the $3.4 billion transacted in the same period last year, according to Real Capital Analytics data. This was highlighted in a report by Knight Frank analysts on Tuesday […]
Read MoreMANILA, Philippines — The peso may depreciate to P52 against the dollar in the first quarter of 2022 as the Philippines’ current account deficit is expected to swell anew due to rising imports following the gradual reopening of the global economy, according to Singapore’s DBS Bank Ltd. In a report, DBS economist Chua Han Teng […]
Read MoreEnergy Minister Supattanapong Punmeechaow has explained the government’s thinking in acting to lower the price of B7 diesel by one baht per litre at the pump. He said it would help rein in the cost of living as global oil prices rise in a time of hardship. Mr Supattanapong, also a deputy prime minister, issued […]
Read MoreThe government has revised investment plans in the state flagship Eastern Economic Corridor (EEC), as it aims to drive economic growth by 4.5-5% a year between 2022 and 2026. Kanit Sangsubhan, secretary-general of the EEC Office, said the EEC is hoping to become the country’s vital investment destination during this period to draw investment at […]
Read MoreThe acceleration of vaccinations will help restore production and business activities, and expand green production zones and a green workforce for the economy. Reopening the economy “HCM City was in lockdown for more than 100 days, since May 31. But the city cannot continue the lockdown forever. People and businesses have become worn out, and […]
Read More
Thailand
