MANILA, Philippines — Philippine banks are expecting increased loan demand from companies and households in the current quarter amid easing COVID restrictions and increasing economic activity, according to the results of a survey conducted by the Bangko Sentral ng Pilipinas (BSP). Based on the Senior Bank Loan Officers’ Survey (SLOS) for the first quarter, the […]
Read MoreBy the end of the first quarter, the steel industry had imported up to three million tonnes, worth US$3.1 billion, with a trade deficit of US$800 million, while exports brought in US$2.3 billion, according to the Vietnam Steel Association (VSA). According to VSA’s report on the local steel market in the first quarter of the […]
Read MoreThough Thailand faces gloomy economic prospects with a surge in inflation, higher energy prices and persistent Covid outbreaks, a performance by Thai rapper Danupha “Milli” Khanatheerakul at the Coachella Festival in California that was capped by her eating khao nieo mamuang (mango sticky rice) on stage went viral on social media, reigniting buzz over the […]
Read MoreDomestic car sales in March rose 9.1% from a year earlier to 87,245 units, helped by improved economic activity following an easing of coronavirus curbs and relief measures, the Federation of Thai Industries (FTI) said on Monday. Higher-than-expected bookings during the Bangkok International Motor Show between late March and early April were also a boost, […]
Read MoreSINGAPORE’S central bank is taking a more aggressive approach to further tighten its monetary policy settings in 2 ways, while also raising its inflation forecast, citing fresh shocks to global commodity prices and supply chains that are adding to domestic cost pressures. The Monetary Authority of Singapore (MAS) said on Thursday (Apr 14) that it […]
Read MoreStarting from scratch, the past two decades have seen Vietnam’s software and information technology service industry make a bold mark on the world’s IT map as it has maintained its position among the top 10 best countries for software outsourcing. The nation is also widely viewed as Japan’s number one preferred partner and second largest […]
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Thailand
