MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is widely expected to keep rates steady at Thursday’s monetary policy meeting, but would likely resume its easing cycle by September, an international think tank said. In its weekly outlook, London-based Capital Economics expressed certainty that interest rates would remain unchanged during the central bank’s policy […]
Read MoreCambodia has launched its new 14-year plan on digital policy, saying the sector is a new model of economic growth, which can respond and keep pace with rapid changes in the economy as it recovers from the financial dip caused by the Coronavirus pandemic. It officially announced the implementation of its “Digital Economy and Social […]
Read MoreThe 13th Party Congress Resolution says Vietnam aims to become a developed country with high income by 2045, when it will celebrate the 100th anniversary of the country’s establishment. This means that Vietnam has 24 more years to reach that goal. And it will be very difficult to turn this into reality if Vietnam still […]
Read MoreCity Hall is lifting restrictions on dining at non-air-conditioned restaurants and increases the maximum seating limit at air conditioned venues from Monday. As a result of the latest City Hall order signed by Bangkok governor Aswin Kwanmuang on Sunday, non-air-conditioned restaurants can once again operate at 100% capacity, while air-conditioned venues are allowed to set […]
Read MoreMANILA, Philippines — Economists expect the Bangko Sentral ng Pilipinas (BSP) to maintain its accommodative policy stance by keeping key interest rates on hold to help the economy fully recover from the pandemic-induced recession. ING Bank senior economist Nicholas Mapa said the BSP may decide to maintain its key interest rate after BSP Governor Benjamin […]
Read MorePETALING JAYA: Asset price inflation, which is posing a threat in some Western economies, is unlikely to rear its ugly head in Malaysia amid the country’s low interest rates and massive stimulus packages. Even as the central bank has kept key benchmark interest rate at 1.75% for some time, coupled with a cumulative fiscal stimulus […]
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