MANILA, Philippines — Remittances from overseas Filipino workers (OFWs) recorded a double-digit growth for the second straight month in May as deployment continued to accelerate amid the easing of travel restrictions as host countries ramp up COVID-19 vaccination, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said yesterday. Diokno said personal remittances grew by 13.3 […]
Read MoreThe Hanoi Construction Department has sent a dispatch to the Ministry of Construction (MOC), asking for guidance on procedures that parties have to follow to transfer a part of the Ciputra urban area project. In reply, MOC said that, regarding transfer of whole or part of a real estate project, before the 2020 Investment Law […]
Read MoreSINGAPORE’S economy in the second quarter posted a 14.3 per cent year-on-year rebound due to the low base from last year when the Republic was in a “circuit breaker”, according to advance estimates from the Ministry of Trade and Industry (MTI) on Wednesday. The Republic’s gross domestic product (GDP) fell a record 13.3 per cent in […]
Read MoreKUALA LUMPUR: Malaysia’s industrial production remained strong in May 2021 but the robust growth may not be sustainable, according to AmBank Research. It noted that the Industrial Production Index (IPI) growth slowed down during the month with a smaller increase of 26% year-on-year (y-o-y) compared with the 50.1% y-o-y growth seen in April. “The performance […]
Read MoreThe Sihanoukville Autonomous Port saw revenue rise 14 percent in the first half of the year from the same period in 2020, to more than $44 million. The volume of goods was up nearly 5 percent to more than 3.5 million tonnes. Imports rose more than 5 percent to 2.6 million tonnes. Exports rose 4 […]
Read MoreCommercial banks have agreed to slash the lending interest rate in order to help businesses and people overcome the difficulties caused by the Covid-19 crisis. The Vietnam Banks Association (VNBA) on July 12 had a meeting with credit institutions to discuss the method and time to implement the interest rate cut for existing loans in […]
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Thailand
