MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) expects to see more bank mergers and acquisitions after financial regulators agreed to streamline the processing of applications. In his weekly virtual press conference, BSP Governor Benjamin Diokno said monetary authorities are processing five applications, including four for mergers and consolidation and one for acquisition. “There […]
Read MoreJAKARTA, Nov 19 (Reuters) – Indonesia’s third-quarter current account racked up a surplus of $4.5 billion or 1.5% of GDP, the largest in 12 years, as merchandise exports got a boost from high commodity prices, central bank data showed on Friday. Prior to the COVID-19 pandemic, Indonesia had since late 2011 had a persistent current […]
Read MoreHo Chi Minh City has sought permission from the government to allow in foreign tourists without mandatory quarantine from December. The people’s committee on Thursday sent a proposal for a three-phase trial vaccine passport program to Prime Minister Pham Minh Chinh and the Ministry of Culture, Sports and Tourism. In the first phase designated travel […]
Read MoreAs restrictions lessen and the country gears up to reopen the tourism sector, droves of tourists went out and about to celebrate the festivities of the Water Festival. The Ministry of Tourism reported that a total of 132,013 tourists travelled across Cambodia on the first day of the Water Festival, November 18. 132,002 of the […]
Read MoreKUALA LUMPUR, Nov 19 ― The ringgit opened marginally higher against the US dollar today despite improvement in the United States labour market data with the four-week moving average Initial Jobless Claims declining to 272,750 last week from the previous week of 278,000, said an analyst. At 9am, the local note rose slightly to 4.1790/1820 […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) kept interest rates at record lows as expected yesterday as the economy’s recovery continues to gain traction amid improved mobility due to the calibrated relaxation of quarantine measures. BSP Governor Benjamin Diokno said the policy-setting Monetary Board, holding its first in-person meeting since the virus outbreak […]
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Thailand
