MANILA, Philippines (UPDATE 12:06 p.m., March 5)— Inflation soared to a level not seen since it eroded growth in 2018 as new sources of price pressure appeared with rising crude costs, exacerbating the impact of costly food yet to be convincingly addressed. Consumer prices rose 4.7% year-on-year in February, up from 4.2% in January and the highest since December […]
Read MoreSOME emerging markets managed to stage a great escape from the ravages of Covid-19 by deploying all sorts of clever and ambitious monetary policy tools. Others behaved exactly as you’d expect amid the worst economic crisis since the Great Depression, with central bankers scrambling to avoid a massive rout. The elusive dividing line between these […]
Read MoreDespite the cord-cutting and digital-first phenomenon sweeping the globe, television advertisements in the Cambodian market remain a lucrative option for firms promoting a mass-market product. That’s according to Nancy Jaffe, former director for Nielsen Ratings’ Southeast Asia Cross-Platform Audience Measurement division in Singapore. “Digital advertisements are useful when targeting young, affluent urban professionals but television […]
Read MorePETALING JAYA: Go big in digital or risk being left behind. The government took full cognisance of this, which saw it roll out the Malaysia Digital Economy Blueprint or MyDigital recently. It dove deep into the national digitalisation journey since 1996 when the Multimedia Super Corridor (MSC) was initiated and picked up on several weaknesses […]
Read More[SINGAPORE] The Singapore dollar’s strength looks set to fade after it lost momentum following its advance to the strongest in almost two years. The US dollar appears poised to rally against the Singapore dollar towards its 200-day moving average, after the pair formed a potential bullish double bottom pattern in February. The currency pair started […]
Read MoreMANILA, Philippines — The government has launched the first phase of the Central Business Portal (CBP), a one-stop shop online system for business registration, according the Bureau of Internal Revenue (BIR). The CBP is a single website for obtaining business-related information and carrying out transactions such as registering a corporation, and securing business permits and […]
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