MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has imposed stricter governance standards for operators of payment system (OPS), which play a vital role in sustaining the safe and efficient flow of payments in the country, including those arising from critical financial market transactions. BSP Governor Benjamin Diokno said the Monetary Board issued Resolution […]
Read MoreKUALA LUMPUR, Sept 22 — The country’s current monthly minimum wage of RM1,200 can be revised upwards as the government has the capacity to accommodate the increment, said former Minister in the Prime Minister’s Department, Tan Sri Abdul Wahid Omar. Abdul Wahid, who is currently the chairman of Bursa Malaysia Bhd, said this can be […]
Read MoreThe Asian Development Bank has more than halved its forecast for Cambodia’s economic growth this year. It cut the gross domestic product forecast to 1.9 percent from April’s prediction of 4 percent growth. The ADB left next year’s forecast unchanged at 5.5 percent GDP expansion. The economy contracted by 3.1 percent in 2020. The bank […]
Read MoreBusinesses are in serious difficulty due to the impact of the Covid-19 pandemic. They need timely and substantive support measures from the Government. Household businesses With over 5 million households doing business, this sector contributes to nearly 32-33% of Vietnam’s GDP. Since the fourth wave of the Covid-19 epidemic broke out in late April, this […]
Read MoreMANILA, Philippines — The Philippines is pursuing a stronger and more resilient post-COVID economy and not just to simply regain the losses caused by the pandemic, according to the Bangko Sentral ng Pilipinas (BSP). In a virtual event organized by London-based think tank Official Monetary and Financial Institutions Forum, BSP Governor Benjamin Diokno said the […]
Read MoreThailand vows to continue driving forward with innovations, technologies and intellectual property (IP), hoping such areas will help boost international trade in the near future. Speaking via video at the launch of the Global Innovation Index (GII) 2021 organised on Tuesday by the World Intellectual Property Organisation (WIPO) in Geneva, Commerce Minister Jurin Laksanawisit said Thailand […]
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