MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has extended the zero spread on its peso rediscount loans until the end of the year to allow banks to tap the facility to meet their temporary liquidity needs amid the pandemic. BSP Governor Benjamin Diokno said the Monetary Board approved the extension of the temporary […]
Read MoreKUALA LUMPUR: The ringgit was lower on Monday amid lack of catalysts, domestically. At 9.14 am, the local note eased to 4.2235/2265 versus the greenback from Friday’s close of 4.2190/2220. Bank Islam Malaysia Bhd economist Adam Mohamed Rahim opined that the ringgit will continue trading above 4.20 today and this week amid the heightened number […]
Read MoreDigital tools have facilitated the consumption of agricultural products across the country during the Covid-19 period. The first ten tons of avocados sold out in ten days via a Vietnamese e-commerce platform has made Le Thi Tuyet, a gardener in the Central region, change her mindsets in trading, which is seen as “light at the […]
Read MoreMANILA, Philippines — More foreign portfolio investments or speculative funds flowed into the Philippines for the second straight month, resulting in a net inflow of $334.51 million in June, according to the Bangko Sentral ng Pilipinas (BSP). The net inflow in June was a complete reversal of the $235.14 million net outflow recorded in the […]
Read MoreEight new projects worth $71.4 million have been approved by the Council for the Development of Cambodia (CDC). The new projects will create over 9,500 jobs at a critical juncture in the Kingdom’s economic recovery. The CDC issued final registration certificates to Hong Cen Max Leather Products, Remstex Fashion, Top Form (Cambodia) Manufacturing, New Wide […]
Read MorePattaya plans to adjust its reopening plan as Thailand may not be able to control the high rate of infections and provide sufficient vaccinations until the fourth quarter. Thanet Supornsahasrungsi, acting president of the Chon Buri Tourism Council, said tourism operators acknowledged the plan to reopen two districts to international tourists in September may be […]
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Thailand
